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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

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. It also had the healthier operating margin, 5.3% compared to Tech Foundations’ 2.5%.

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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

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