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

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

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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