Here you will find all the articles with the tag: Atos.
Atos likely needs more cash and additional debt reduction to stay afloat. The ailing French IT consultancy firm reported this today after a review of its 2024-2027 business plan. This will likely necessitate a thorough revision of the restructuring plan presented earlier this month, which was alrea... Read more
4 hours ago
Atos has been in dire financial straits for several years. The French IT company needs a total investment of 1.2 billion euros, 600 million of which it hopes to secure through loans. With a new restructuring plan, the significant debts should be halved by 2026. That amounts to 2.4 billion euros ... Read more
16 days ago
French investment company Butler Industries is joining a consortium with Onepoint to rescue troubled technology company Atos.According to consultancy firm Onepoint (Atos's main shareholder), Butler's participation should transform Atos into the leading European platform for cybersecurity and artifi... Read more
17 days ago
Atos hopes to have its debt restructured by July. The ailing French IT company plunged hard on the stock market after posting disappointing financial figures and a scrapped deal with Airbus. Atos CEO Paul Saleh, who took office in January, hopes to finalize a new deal with creditors in July. The... Read more
1 month ago
Atos' Big Data & Cybersecurity (BDS) business unit will not be sold to Airbus. After lengthy negotiations, the aircraft maker is again refraining from a takeover. The French government was strongly in favour of the proposed deal. Because the French state is the largest Airbus shareholder, it... Read more
1 month ago
Update, 29/2, 11:55 am: Atos strengthens its Board of Directors with three new members. The company is restarting after the deal with EPEI was cancelled. This deal would take over the Tech Foundations unit, as well as much of Atos' debt. This deal fell apart, but businessman Křetínský appears to... Read more
2 months ago
The French state wants to retain the strategic activities of Atos by "all possible means". This was stated by French Finance Minister Bruno Le Maire in a recent interview with French newspaper Les Echos. According to French Minister Le Maire, the state wants to guarantee that the strategic activ... Read more
3 months ago
Atos let a third party help with refinancing its outstanding debts. At issue is a debt load of more than two billion euros, for which the deadline for repayment is rapidly approaching. Earlier today, Atos announced it is in talks with several banks for a possible refinancing of the company's ou... Read more
3 months ago
Eviden will build the modular data center for the Jupiter supercomputer. This will be the first exascale supercomputer to be located in Europe. To build the modular data center, Eviden, part of Atos, contracted with Jülich Supercomputing Centre. This is a German research institute, as the firs... Read more
3 months ago
Atos CEO Yves Bernaert has resigned from the French company with immediate effect. The reason for his departure is a disagreement with the rest of the Atos board over the company's strategy in recent years. Since 2021, Atos has been restructuring its operations and considering a possible company... Read more
3 months ago
