PARIS (Reuters) – Atos stated on Tuesday it had actually authorized a contract to market its Worldgrid organization device to Alten for 270 million euros ($ 293.7 million) on a venture worth basis, in a purchase anticipated to shut prior to end-2024.
The arrangement comes as France improves its initiatives to shield Atos, a having a hard time software program firm that is nevertheless taken into consideration among Europe’s most calculated companies in the software program and modern technology field.
The offer obtained authorization from the EU Commission in September and from the Nanterre Commercial Court last month. The Worldgrid device utilizes 1,100 workers and produced 170 million euros in profits in 2014.
($ 1 = 0.9194 euros)
(Reporting by Gianluca Lo Nostro; Writing by Makini Brice; Editing by Sudip Kar-Gupta)
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