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.