IT services giant Atos plans IBM-style split
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.
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.
The IT services company is exploring a potential separation into two publicly listed companies in order to increase focus on their respective markets.
Almost half of the world’s top IT service providers saw revenue and profits fall in 2020, according to new data.
The board of DXC Technology has flatly rejected Atos’ unsolicited bid to acquire the global services operator after evaluating the proposal.
Atos has made a bid to acquire DXC in a reported $10 billion deal, a move which has been labelled as “unsolicited” from the industry rival.
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