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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

IT services company Atos has found a buyer for its legacy managed infrastructure services business as it prepares for an IBM-style split between faster- and slower-growing activities. As for that recent performance, Atos reported financial results for the first half of 2023 last month. Revenue from Tech Foundations totaled €2.92

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IT services company Atos plans IBM-style split

CIO Business Intelligence

French multinational IT services company Atos is planning to split in two, much as IBM spun out its legacy-focused managed infrastructure services business to form Kyndryl in November 2021. Like IBM, Atos has a supercomputing business, operates its own data centers, and offers software, consulting, and IT services — albeit on a smaller scale.

IBM 90