French state formally bids €410M for Atos' HPC assets
- Atos' board has approved the French government's €410 million offer to purchase the Advanced Computing division as part of a deal expected to finalize in 2025.
- The offer follows protracted negotiations since November 2024 and includes potential €110 million earn-outs based on 2025-2026 performance.
- The transaction does not include Atos' Vision AI division, which will stay within Eviden and accounts for more than 30% of the Advanced Computing division’s operating profit.
- Atos expects the Advanced Computing business to generate around €800 million in 2025 revenue and views the deal as aligned with its plan for profitability and restructuring.
- The deal is expected to close in 2026, providing Atos crucial liquidity while enabling the French state to secure strategic HPC and quantum computing capabilities domestically.
12 Articles
12 Articles
These extremely powerful computers are used in particular for nuclear deterrence. The operation of EUR 410 million will be finalised by the first half of 2026.
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18:13 The French government is offering 410 million euros for the supercomputer activities of the ailing IT group Atos. Paris wants to shield its strategic interests with the takeover.
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