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Atos Acquires Siemens Convergence Creators; Offers 4.3 billion Euros to Buy Gemalto

Atos Acquires Siemens Convergence Creators; Offers 4.3 billion Euros to Buy Gemalto Image Credit: Siemens

French technology consulting firm Atos announces the completion of the acquisition of the Siemens' subsidiary, Convergence Creators Holding GmbH (CVC), a global multi-industry digital transformation solutions provider.

Atos' intent to acquire CVC was announced last year October. CVC delivers software-based solutions in the fields of communication networks and enterprise cybersecurity. 

Atos is a global leader in digital transformation with approximately 100,000 employees in 72 countries and annual revenue of around EUR 12 billion. 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.

Atos has also made an offer to buy Gemalto for 4.3 billion euros ($5.06 billion) to boost its cyber security services, reports Business Insider

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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