Atos, an
information technology services company, announced 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 percent 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.
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 and Siemens IT Solutions and Services marks an
exciting evolution in the IT market,” said Thierry Breton, CEO and chairman,
Atos.
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,” Breton added.
Ranked in the top ten
global IT services providers; number five in managed services worldwide and the
number one European player in Europe, the new company is a powerful combination
of two highly complementary organisations. Together as Atos, they create a
leader in foundation and business critical IT services that will accelerate
growth.
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 data centres, 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.
The relationship
between Atos and Siemens has three dimensions. Siemens today becomes an Atos
shareholder with a 15 percent 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.
Following the success
of the six month integration programme, which was set up to select the best
practices from both companies, to identify the new portfolio and to align core
operating processes, Atos is today operating as one company with
a newly appointed executive committee.
By TelecomLead.com Team
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