Atos has entered negotiations with the French government for the sale of its Advanced Computing assets, initially offered at €500 million, potentially rising to €625 million.
The latest government offer reflects Atos's ongoing efforts to restructure and regain profitability after a previous attempt to negotiate the sale of larger operational segments.
Atos aims to finalize a Share Purchase Agreement by May 31, 2025, commencing with an initial payment of €150 million, contingent on necessary approvals.
The Advanced Computing business includes High-Performance Computing, Quantum operations, Business Computing, and Artificial Intelligence, composed of 2,500 employees and expected to generate about €570 million in 2023.
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