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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

AUGUST 1, 2023

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. Atos had planned to divide into two publicly listed companies, but on August 1 announced it is taking a different route. billion, up 3.5%

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IT services company Atos plans IBM-style split

CIO Business Intelligence

JUNE 20, 2022

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.

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