Atos completes acquisition of Xerox ITO
(Thomson Reuters ONE) -
Atos completes acquisition of Xerox ITO
Reinforcing its position as a global leader in digital services
Bezons, June 30, 2015 - Atos, an international leader in digital services, today
announced that it has completed the acquisition of Xerox ITO which reinforces
its position as a global leader in digital services.
The net purchase price totaled US$ 966 million (? 811 million), composed of US$
950 million and an additional amount of US$ 50 million following the occurrence
of certain events prior to closing, plus US$100 million representing the
estimated present value of future tax benefits to Atos. Net debt items and
closing adjustments amounted to US$ 134 million to be confirmed within 90 days.
With circa US$ 2 billion revenue, North America becomes the largest geography
for Atos where it is now ranked number 9 in ITO services.
Since the announcement of the acquisition in December 2014, Atos and Xerox ITO
teams have worked together to ensure operational readiness on the first day
after closing. As a result, Atos now has the ability to offer its European and
US clients the necessary presence to better support their digital transformation
needs anywhere in the world. Atos will leverage the Xerox ITO customer centric
approach and Atos' industrial capacities and portfolio of cutting-edge services
and technologies, particularly in Cloud, Big Data, Cyber-security, and in High
Power Computing to support clients handle the massive volumes of data generated
in the digital world.
As announced at the time of signing, Atos today enters into a worldwide
strategic collaboration with Xerox - a global business services, technology, and
document management company - and becomes one of Xerox's primary IT services
providers.
Commenting on the finalization of the deal, Thierry Breton, Chairman and CEO
said: "Today marks a major step in the development of the Atos Group, as we
welcome 9,600 Xerox ITO employees to Atos. With the US now our largest market,
we have a stronger and more balanced global presence, which combined with our
digital skills, allows us to be the trusted partner for our clients' digital
journey anywhere in the world."
Michel-Alain Proch, Group SEVP, who has been appointed CEO for North America
operations added: "Together with Xerox teams, we have worked extensively to be
ready from day one post-closing and we are now fully operational to ensure
continued delivery of services to our clients while at the same time leveraging
the combined strengths of the two groups for profitable growth."
Contacts
Investor Relations: Gilles Arditti Tel +33 (0) 1 73 26 00 66
gilles.arditti(at)atos.net
Benoit d'Amécourt +33 (0)1 73 26 02 27
benoit.damecourt(at)atos.net
Press: Caroline Crouch Tel +44 77 333 100 86
caroline.crouch(at)atos.net
About Atos
Atos SE (Societas Europaea) is a leader in digital services with 2014 pro forma
annual revenue of circa ? 11 billion and 93,000 employees in 72 countries.
Serving a global client base, the Group provides Consulting & Systems
Integration services, Managed Services & BPO, Cloud operations, Big Data &
Cyber-security solutions, as well as transactional services through Worldline,
the European leader in the payments and transactional services industry. With
its deep technology expertise and industry knowledge, the Group works with
clients across different business sectors: Defense, Financial Services, Health,
Manufacturing, Media, Utilities, Public sector, Retail, Telecommunications, and
Transportation.
Atos is focused on business technology that powers progress and helps
organizations to create their firm of the future. The Group is the Worldwide
Information Technology Partner for the Olympic & Paralympic Games and is listed
on the Euronext Paris market. Atos operates under the brands Atos, Atos
Consulting, Atos Worldgrid, Bull, Canopy, and Worldline.
For more information, visit: atos.net.
Disclaimers
This document contains further forward-looking statements that involve risks and
uncertainties concerning the Group's expected growth and profitability in the
future. Actual events or results may differ from those described in this
document due to a number of risks and uncertainties that are described within
the 2014 Reference Document filed with the Autorité des Marchés Financiers (AMF)
on April 1, 2015 under the registration number: D15-0277.
This document does not contain or constitute an offer of securities for sale or
an invitation or inducement to invest in securities in France, the United States
or any other jurisdiction.
Atos:
http://hugin.info/143359/R/1933154/695752.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: ATOS via GlobeNewswire
[HUG#1933154]
Unternehmensinformation / Kurzprofil:
Datum: 30.06.2015 - 22:17 Uhr
Sprache: Deutsch
News-ID 404121
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