IT services company Atos plans IBM-style split
CIO Business Intelligence
JUNE 20, 2022
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. IBM was still broadly profitable when it split, having made a net profit of $5.7 It’s a Hail Mary move for Atos. Legacy losses.
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