Tag: Atos

Here you will find all the articles with the tag: Atos.

Rise in UK public sector IT spending raises concerns

Rise in UK public sector IT spending raises concerns

According to recent research from Tussell, public sector IT spending hit £17.3 billion in the UK in 2022, doubling from 5 percent in 2021 to 10 percent last year. Concerns arise over the government's reliance on a select group of vendors. The report attributed the growth to increased IT infrast... Read more

date2 months ago
Atos receives €27M settlement for botched UK procurement process

Atos receives €27M settlement for botched UK procurement process

The UK government recently paid a €27 million settlement to French IT multinational Atos after failing to direct a supercomputing contract awarded to Microsoft. In April 2021, the UK Meteorological Office gave Microsoft an £850 million contract for the construction of a supercomputer to prot... Read more

date3 months ago
‘Airbus shows interest in minority share of Atos’s Evidian’

‘Airbus shows interest in minority share of Atos’s Evidian’

Shares in French IT giant Atos rose on Monday after newspaper Les Echos reported that Airbus had initiated exploratory talks to acquire a minority stake in the company’s cybersecurity unit. The newspaper cited anonymous sources. In an email statement, Airbus said it would not comment on specu... Read more

date3 months ago
Atos closes five-year deal with AWS for customer cloud migrations

Atos closes five-year deal with AWS for customer cloud migrations

Atos has selected Amazon Web Services (AWS) as its preferred partner for migrating customer workloads to the cloud. The French IT giant committed to a five-year collaboration with AWS. The company will use AWS for its infrastructure services, DevOps and machine learning initiatives. The part... Read more

date4 months ago
Atos refuses €4.2 billion acquisition bid

Atos refuses €4.2 billion acquisition bid

Atos refused a €4.2 billion bid for the acquisition of Evidian. Atos plans to spin off the division in the coming months. The share price of the French IT services provider plummeted over the course of last year. Atos lost nearly 500 percent in value. The downward spiral began in February 202... Read more

date6 months ago
Atos secures financing to ensure corporate split later this year

Atos secures financing to ensure corporate split later this year

A new debt package will help finance the company through its split into two separate global solution providers. Atos is a global systems integrator and solution provider with a focus on cloud, digital transformation and security. This week Atos told investors hat the company has secured a new de... Read more

date8 months ago
Atos CFO resigns because of split-off plan

Atos CFO resigns because of split-off plan

CFO Stéphane Lhopiteau is the second executive officer to resign due to Atos' split-off plans. Earlier, CEO Rodolphe Belmer announced his departure. Atos is a large French IT service provider. The majority of the board wants to change the company's course. The organizations will be split into t... Read more

date9 months ago
Atos CEO steps down, share price drops by 25 percent

Atos CEO steps down, share price drops by 25 percent

Atos' board of directors wants to split the organization in two parts. CEO Rodolphe Belmer has no faith in the plan and unexpectedly resigned. The share price dropped by nearly 25 percent in the past 24 hours. Atos provides infrastructure, security and software services. In the past year, its ma... Read more

date10 months ago
Cloud Native Computing Foundation grows to 800 members

Cloud Native Computing Foundation grows to 800 members

The Cloud Native Computing Foundation is growing steadily. The organization welcomed more than 38 new members, bumping the total to 800. The Cloud Native Computing Foundation (CNCF) is part of the Linux Foundation. The CNCF is committed to making cloud-native technology accessible to all. Cloud-... Read more

date11 months ago
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