Atos completes the acquisition of Unify from Gores Group and Siemens
(Thomson Reuters ONE) -
Atos completes the acquisition of Unify
from Gores Group and Siemens
Creating a unique integrated proposition for unified communications
to improve business performance and support digital transformation
Bezons, January 20, 2016 - Atos, an international leader in digital services,
today announced that it has completed the acquisition from Gores Group and
Siemens of Unify, the world number three in integrated communication solutions
generating ?1.2 billion annual revenue. The acquisition creates a unique
integrated proposition for unified communications improving the social
collaboration, digital transformation and business performance of its clients.
The transaction has been approved by employee representatives' bodies and has
received the required approvals of the regulatory and antitrust authorities in
the European Union, United States, Russia and Brazil. Cash consideration for
Atos was ? 366 million (adjusted from working capital) to acquire 100% of Unify.
Net debt was ? 48 million at closing and the pension deficit was ? 176 million.
This leads to an Enterprise Value of ? 590 million as disclosed on November
3(rd), 2015 at the signing of the transaction.
As a reminder, in order to generate the expected costs savings by 2017 (? 130
million on an annual basis), Unify is completing its current ? 267 million
restructuring plan. In addition, Unify is starting, as planned, its ? 103
million further restructuring plan which is fully provisioned at closing. Both
restructuring plans are funded by the sellers.
As of February 1(st), 2016, the Services activity of Unify (c. ? 0.4 billion
annual revenue) is integrated in the Atos Service Line "Managed Services".
About Atos
Atos SE (Societas Europaea) is a leader in digital services with pro forma
annual revenue of circa ? 12 billion and circa 100,000 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, Unify and Worldline.
Contact
Investor Relations:
Gilles Arditti
+33 1 73 26 00 66
gilles.arditti(at)atos.net
Press:
Caroline Crouch
+44 77 333 100 86
caroline.crouch(at)atos.net
atos:
http://hugin.info/143359/R/1980264/725403.pdf
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(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#1980264]
Unternehmensinformation / Kurzprofil:
Datum: 20.01.2016 - 17:45 Uhr
Sprache: Deutsch
News-ID 445459
Anzahl Zeichen: 4247
contact information:
Town:
Bezons
Kategorie:
Business News
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