Atos Acquires 3 Technology Companies; Explores Business Unit Exits

Acquisitions

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.

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industries
HealthTech
applications
Accounting and Taxes

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Financial Software SaaS Data & Analytics

Linked Companies

Bloomberg
$1B+
IBM
$1B+
Microsoft
$1B+
Informix
$10M to $25M
Nimbix
$1M to $5M
Snowflake
$1B+