Key Points:
- France has offered €410 million to acquire Atos’ former Advanced Computing business.
- Atos recovered from a financial crisis in 2024 through a major restructuring deal with creditors.
- Vision AI is excluded from the transaction and will be integrated into Atos’ Eviden unit.
- Further updates on the deal will follow regulatory reviews and consultations with stakeholders.
The French government has made a confirmatory offer of €410 million ($466 million) to acquire a portion of Atos’ former Advanced Computing business, the company announced on Monday. This move marks a significant step in the continued restructuring of the once high-flying French tech giant.
Atos, which was previously valued at over €10 billion during its peak, has faced a series of financial difficulties in recent years. However, in 2024, the company began to recover after reaching a restructuring agreement with its creditors. This deal played a crucial role in stabilizing its operations, allowing it to focus on strategic asset sales and business realignment.
The €410 million offer represents the enterprise value of the Advanced Computing division, highlighting the French government’s interest in maintaining national control over strategically important tech assets, particularly in high-performance computing and defense-related technologies.
Atos clarified that the Vision AI segment is not included in this transaction. Instead, the company intends to reposition Vision AI within its Eviden business unit, which focuses on digital transformation, cybersecurity, and advanced analytics.
This separation of assets reflects Atos’ broader strategy to streamline operations and strengthen its core areas of expertise. The Vision AI business, which leverages artificial intelligence to support sectors such as security, public safety, and industrial automation, is seen as a critical growth area for Eviden.
The deal, if completed, would mark a partial return of Atos’ assets to state ownership, reinforcing France’s commitment to safeguarding domestic technological capabilities amid global economic uncertainties and geopolitical pressures.
Atos emphasized that further details and next steps regarding the sale will be communicated following regulatory approvals and consultations with relevant stakeholders.
