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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

The parent company, meanwhile, is adopting the name Eviden, a variant of the Evidian brand previously used for its security products. billion; its net loss increased slightly to €600 million, from €503 million a year earlier. EPEI has little experience managing technology companies. It also had the healthier operating margin, 5.3%

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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.

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