Atos Acquires Siemens IT Solutions And Services

Atos Acquires Siemens IT Solutions And Services

FP Archives February 2, 2017, 23:09:07 IST

Atos also confirms that it has signed an IT outsourcing deal with Siemens worth EUR 5.5 billion.

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Atos Acquires Siemens IT Solutions And Services

Atos, an international information technology services company, has announced that it has completed the acquisition of Siemens IT Solutions and Services – to become a new IT champion with proforma 2010 annual revenues of EUR 8.7 billion and 78,500 employees across 42 countries.
The transaction was approved by Atos Extraordinary shareholders meeting held in Atos headquarters in Bezons by 99.99% of the shareholders. Atos also confirms that it has signed one of largest IT outsourcing deals with Siemens worth EUR 5.5 billion over seven years to take over management of all IT infrastructure, applications and services.

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“Today is a momentous day for our company as we embark on the next chapter in our history to become a top 10 global IT services provider. The combination of Atos Origin & Siemens IT Solutions and Services marks an exciting evolution in the IT market. Our chance to make our mark, to write history with our clients, to introduce brand new ideas to the market, to continue powering progress. This alliance presents the perfect opportunity to accelerate progress and to deliver value to our shareholders, employees and clients,” said CEO and Chairman, Thierry Breton.

“With the combined expertise and knowledge of Siemens IT Solutions and Services and Atos Origin, we are uniquely positioned to help our clients in the new era of IT. At Atos, we have unrivalled expertise in transactional services and as the number one datacentre provider in Europe, are best positioned to help our clients transfer smoothly to the Cloud to benefit from increased flexibility and reduced costs.”

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In managed services, the acquisition of Siemens IT Solutions and Services more than doubles the capability and capacity of Atos to position it as one the leaders in cloud computing with 30 major datacentres, 900,000 SAP users and management of more than 90,000 servers globally.

The deal reinforces the commitment of Atos to innovation and accelerates its strategy to further grow its business in transactional services. Through joint go-to-market plans and joint investment programmes with Siemens, Atos will have more opportunity to extend its successful Atos Worldline business to new markets, geographies and clients.

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The relationship between Atos and Siemens has three dimensions. Siemens becomes an Atos shareholder with a 15% stake and the biggest Atos client. In addition the two companies have formed a strategic global partnership to jointly develop new IT products and solutions for which both parties are committed to investing 50 million Euros each. This strategic partnership will enable collaboration on large bids and joint R&D efforts in key markets to strengthen innovation and secure new business opportunities across all markets.

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Written by FP Archives

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