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4-Traders Homepage  >  Equities  >  Euronext Paris  >  AtoS SE    ATO   FR0000051732

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Atos : to acquire Siemens Convergence Creators

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10/02/2017 | 06:07pm CEST

Paris,  October 2, 2017 - Atos, a global leader in digital transformation, today
announces  its project  to acquire  Siemens Convergence  Creators GmbH  (CVC), a
global  multi-industry digital transformation  solutions provider, headquartered
in  Vienna.  With  its  highly  skilled  engineers  and  a  total  headcount  of
approximately  800 staff, CVC delivers software based solutions in the fields of
communication  networks,  service  and  customer  management,  public safety and
security, multimedia infotainment, as well as space technology.

CVC  was initially an internal innovative R&D and solutions partner for multiple
Siemens  Business Units  (BUs). In  2016, Siemens completed  its carve out as an
independent  Siemens  BU  with  it's  own  IP resources and an external customer

Focused  on innovative  R&D and  turnkey solutions,  CVC would  accelerate Atos'
technology  leap, bringing specific  software and hardware  IP assets notably to
enlarge  its cybersecurity and communication solutions. These combined offerings
would  strengthen Atos' credentials  and ability to  deliver the latest mission-
critical  systems and secured networks while increasing Atos' penetration in the
Telco  market and  enable access  to high-growth  markets such  as satellite and
civil airplane manufacturers and operators.

CVC  presence in Germany, the US, and  Central and Eastern Europe (with delivery
centres  in Croatia and Romania providing  digital expertise), together with its
powerful network of partners, would offer Atos a strong basis for activities all
over the world.

The  transaction is  expected to  close end  of December  2017 and is subject to
information  / consultation by employee representative's  bodies' as well as the
approvals of the regulatory and antitrust authorities.




Sylvie Raybaud - +33 6 95 91 96 71 - [email protected] - @Sylvie_Raybaud

Investor Relations:

Gilles Arditti - +33 1 73 26 00 66 - [email protected]

About Atos

Atos  is a global  leader in digital  transformation with approximately 100,000
employees  in 72 countries and  annual revenue of  around € 12 billion. European
number  one in Big  Data, Cybersecurity, High  Performance Computing and Digital
Workplace,  the Group provides Cloud services, Infrastructure & Data Management,
Business  &  Platform  solutions,  as  well  as  transactional  services through
Worldline,  the European leader  in the payment  industry. With its cutting-edge
technologies,  digital  expertise  and  industry  knowledge,  Atos  supports the
digital  transformation of its clients across various business sectors: Defense,
Financial  Services, Health,  Manufacturing, Media,  Energy &  Utilities, Public
sector,   Retail,  Telecommunications  and  Transportation.  The  Group  is  the
Worldwide  Information Technology Partner for the Olympic & Paralympic Games and
operates  under the brands Atos, Atos  Consulting, Atos Worldgrid, Bull, Canopy,
Unify  and Worldline. Atos SE  (Societas Europaea) is listed  on the CAC40 Paris
stock index.

About Siemens Convergence CreatorsSiemens Convergence Creators is engineering a smart digital future.

Siemens  Convergence  Creators  GmbH,  headquartered  in  Vienna,  engineers the
solutions  for  its  customers'  digital  transformation, delivering sustainable
value and providing opportunities that turn visions into reality.

Among  its  most  important  customers  are  top  players  in  their  respective
industrial   sectors:   telecommunications,   media   (TV,  publishing  houses),
transportation (railways, aircraft manufacturers, airlines and airports), space,
public safety (action forces), and energy (wind power, oil and gas).

Siemens  Convergence  Creators'  presence  in  emerging  and mature markets like
Central  and Eastern Europe, Germany,  the U.S., India, and  China, along with a
powerful  network  of  partners,  offers  a  strong  foundation  for  its global

About Siemens AG

Siemens  AG (Berlin and Munich) is a global technology powerhouse that has stood
for    engineering    excellence,    innovation,    quality,   reliability   and
internationality  for more  than 165 years. The  company is  active in more than
200 countries, focusing   on   the  areas  of  electrification,  automation  and
digitalization.  One  of  the  world's  largest  producers  of energy-efficient,
resource-saving  technologies, Siemens is a  leading supplier of efficient power
generation  and  power  transmission  solutions  and a pioneer in infrastructure
solutions  as well as automation, drive and software solutions for industry. The
company  is  also  a  leading  provider  of  medical imaging equipment - such as
computed  tomography and  magnetic resonance  imaging systems  - and a leader in
laboratory  diagnostics as well  as clinical IT.  In fiscal 2016, which ended on
September 30, 2016, Siemens generated revenue of €79.6 billion and net income of
€5.6 billion.  At the  end of  September 2016, the  company had  around 351,000
employees  worldwide.  Further  information  is  available  on  the  Internet at

Click here for the pdf version: 

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ATOS via GlobeNewswire


© InPublic, source European Press Releases

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