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SIS to be Sold to Atos Origin

Published: December 15, 2010; 21:25 · (Vindobona)

The French Atos Origin Acquired Siemens IT Solutions and Services, both companies expect synergy effects. Drastic job cuts in Vienna are feared.

SIS to be Sold to Atos Origin / Picture: © Siemens AG Österreich

Atos Origin and Siemens announce their intention to form a global strategic partnership. Siemens will contribute its Siemens IT Solutions and Services for a total sum of € 850m to Atos Origin in order to create a European IT champion. Siemens will become for a period of at least five years a sustainable shareholder of Atos Origin with a 15% stake.

This article includes a total of 471 words.

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