Atos Acquires 3 Technology Companies; Explores Business Unit Exits
Summary
IDEAL GRP, a Product Lifecycle Management (PLM) system integrator and platinum-level solution partner of Siemens Digital Industries Software, headquartered in Finland. Amid those growth challenges, Atos is exploring the potential sale of legacy IT businesses — including some outsourcing operations, Bloomberg reported. Indeed, Atos is looking for partners for operations comprising about 20 percent of group revenue, including its data-center hosting and call center units, Bloomberg added. The Atos strategy sounds somewhat similar to IBM, which plans to spin off a managed infrastructure services business called Kyndryl before the end of 2021. Elsewhere, Atos gained some reassuring business clarity in North America — where a full accounting review did not reveal any material misstatements.