Summary Bullets:
- Atos announced plans to split into two companies: one will focus on digital solutions and the other on information systems.
- There is still much uncertainty regarding what will happen to Atos in the long term, with rumors flying of a potential acquisition by another French organization.
For France-based Atos, significant change is imminent. In mid-June 2022, the IT services provider (ITSP) announced plans to split into two companies: SpinCo will offer high-growth solutions that support digital transformation, big data (including Atos’ computing portfolio), and cybersecurity; and TFCo (Atos’ Tech Foundations) will provide low-growth managed infrastructure services, digital workplace solutions, and professional services. By restructuring, Atos is separating its higher-growth and higher-margin businesses from its underperforming divisions, which have been dragging the company’s overall financial performance down for several years.
Continue reading “Atos’ Future Will Bring a Much-Needed Restructure”
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