Atos contemplates fire sale as break-up plan falters
CIO Business Intelligence
JANUARY 3, 2024
French IT services company Atos is floundering as it seeks to refocus its business. Negotiations over the sale of its legacy infrastructure services business are dragging on, and the company is contemplating the sale of more profitable activities such as its big data and security business to meet debt repayment obligations. Last year, it announced a plan to execute an IBM/Kyndryl style split, spinning off its infrastructure services business as a company called Tech Foundations, and rebranding a
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