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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

Saleh explained how Eviden plans to raise capital to develop its business after the Tech Foundations sale. As for that recent performance, Atos reported financial results for the first half of 2023 last month. billion; its net loss increased slightly to €600 million, from €503 million a year earlier. billion a year earlier.

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IT services company Atos plans IBM-style split

CIO Business Intelligence

The largest of the three lines, “tech foundations,” bundles together what Atos calls its “mature” businesses: data centers and hosting; the digital workplace; unified communication and collaboration; and business process outsourcing. IBM was still broadly profitable when it split, having made a net profit of $5.7 Legacy losses.

IBM 90