ATOS
European Union sues IBM and two European companies over troubled border system: Report
The European Union has initiated legal proceedings against IBM, Atos, and Leonardo for delays in the Entry/Exit System. EU-Lisa reported these delays occurred during the system's development, not affecting its operation. The consortium was awarded a contract in 2019 for implementation and maintenance. In a letter from October 2021, the companies contested a fine imposed on them. They cited external factors like the COVID-19 pandemic as reasons for the delays.
Is The Diplomat Season 5 confirmed? What we know after Season 4’s cliffhanger and is Kate coming back?
The Diplomat Season 4 leaves Kate and Hal facing a choice that could reshape their future. The finale raises questions about their loyalties, and where the Netflix thriller can go next.
French supercomputer maker Bull doubles output to boost Europe's AI ambitions
Bull, the French supercomputer manufacturer, has expanded its factory to double production capacity to meet growing orders. The European Union is investing heavily in supercomputing, committing €7 billion to improve capabilities. France's order for a supercomputer is significant, as Bull aims to deliver systems more efficiently.
Europe expands AI computing network with €390 million order from France's Bull
The European Union's supercomputing body EuroHPC selected Bull to build LUMI-AI, the sixth machine ordered under its AI Factories programme. The system is a new supercomputer to be installed alongside the existing LUMI machine at Finland's supercomputing centre. It is expected to come online in the second half of 2027.
RBI tightens due diligence for Aadhaar payment operators
The Reserve Bank of India (RBI) has mandated stricter due diligence for onboarding Aadhaar Enabled Payment System Touchpoint Operators (ATOs) to combat rising fraud. Banks must now conduct KYC for ATOs inactive for three months before reactivating their transaction capabilities. Ongoing monitoring and risk-based operational parameters are also required to enhance the security of AePS transactions.
French state makes offer to buy part of Atos' former advanced computing unit
The French government has submitted a confirmatory offer to acquire part of Atos's former advanced computing business, aiming to secure critical national technology assets. Atos, a key player in high-performance computing and defense-related systems, has been undergoing restructuring amid financial pressures and strategic realignments in core tech operations.
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French government offers to buy IT firm Atos' advanced computing activities
Atos, which secures communications for the French military and secret services and manufactures servers to make supercomputers, is undergoing a restructuring to tackle its large debt.
Atos still aiming for deal with French state on strategic assets as initial offer expires
Atos, which is undergoing restructuring proceedings after it reached a deal with its main creditors earlier this year, secures communications for the French military and secret services and manufactures servers to make supercomputers.
France's Atos cuts financial targets but says restructuring still on track
Atos - once seen as one of Europe's champions in the software and technology sector - has been teetering on the brink of financial collapse in recent months. However, it secured a crucial restructuring deal with banks and bondholders in June. The company's leverage ratio is also now expected to come below a multiple of 2.0 during 2027, later than a previous end-2026 deadline, and Atos also lowered its 2027 revenue and operating margin targets.
French IT firm Atos secures funding of $1.82 billion to restructure its debt
Atos said the company had also secured interim financing of 800 million euros, of which 450 million euros was already accessible to it, providing it with the liquidity needed to fund its business until the financial restructuring plan is concluded.
French IT firm Atos seeks over $1 billion in new funds: report
Atos is aiming to convert about half of its $5 billion debt into equity as part of the plan disclosed during a confidential meeting on Monday, Bloomberg said.
Kolkata Metro to adopt Automatic Train Operation (ATO) System between Salt Lake Sector V to Sealdah stretch
The ATO System includes automatic braking, motoring, coasting, and stopping of the train within the specified speed profile. “When opted for ATO mode, the train accelerates, decelerates, controls and arranges motoring activities automatically. It ensures accurate stopping at the platforms and automatic opening of correct side train doors and Platform Screen Doors (PSD). The responsibility of closing of train doors, PSD and starting of the train rests on the Motorman,” a Metro official said.
French tech company Atos rejects bid interest valued at $4.1 billion for its Evidian arm
"Following the thorough examination of this preliminary and non-binding mark of interest, and upon the recommendation of its ad hoc committee, the board of directors has convened and unanimously concluded that it is not in the interest of the company and its stakeholders," said Atos.
India talent base is critical to our long term growth strategy: Atos Group CEO
“India is increasingly important as a growth engine of the company,” Belmer told ET on his maiden visit to India since taking charge of the €2.9-billion company just about 100 days ago.
French technology firm Atos will recruit about 15,000 people in India over the next 12 months
India is an important market for the French firm, which is partnering with the government on the National Supercomputing Mission. Atos has invested in NSM by way of assembly and testing of high-performance computers. The French technology firm will recruit about 15,000 people in India over the next 12 months, adding to its existing workforce of 40,000 in the country.
Atos makes three more acquistions while reporting a drop in revenue
Atos' acquisitions of Canada's Processia, UK-based Ipsotek and German cybersecurity firm Cryptovision come months after the IT firm discontinued talks to buy US-based DXC Technology in an over $10-billion deal.
Atos to cover the cost of Covid-19 vaccination for its India employees
Atos will work with local healthcare providers to implement this vaccination programme.
Atos ends talks with DXC for a potential acquisition
Atos and DXC have “agreed to discontinue further discussions” on the acquisition proposal. The combined entity would have created a total workforce of 75,000 people in India.
Atos-DXC merger, if successful, won't pose a threat to Indian IT firms
If not a threat, the Atos-DXC merger will at least allow the combined entity to compete with the likes of TCS, Infosys, Accenture and IBM, especially in the cloud-services space, Greyhound Research CEO Sanchit Vir Gogia says.
French IT firm Atos makes $10 billion DXC takeover approach: Sources
Atos, which is working with advisers on a bid for the former Hewlett Packard Enterprise business, made a formal approach to New York-listed DXC this week, the sources told Reuters on condition of anonymity.
Atos and C-DAC to work together on quantum computing, AI and exascale computing
C-DAC, which is a part of the Ministry of Electronics and Information Technology, GoI, is already working with Atos on the National Supercomputing Mission.
Government set to ink Rs 4.5k-crore deal with Atos today
The Modi government is set to ink a deal with France-based information technology corporation Atos on Saturday
Atos wins deal to build supercomputers for India
Atos would be deploying its energy efficient Direct Liquid Cooled BullSequana supercomputers in India.
Atos-Syntel deal may spark mid-tier IT buyouts
On Monday, Atos announced it was buying Syntel to expand its scale in North America, especially among banking and financial services clients.
Atos buys Syntel for $3.4 billion to expand North America footprint
Both Atos and Syntel have significant presence in India.Syntel, which has 23,000 engineers in 30 countries, has over 18,000 staff based in India.Atos has about 16,000 people.
After Capgemini, Atos Origin to bet big on India, hire 10,000 staff
Atos Origin is the new competition for Indian IT cos, as it plans to add about 10,000 staff to more than double its workforce in India by 2016.
Internal emails waste of time, feels Atos CEO; India Inc gives thumbs up
Atos CEO, Thierry Breton says a few hundred Atos engineers are developing new social networking tools and adapting existing ones.
Post-Siemens deal, Atos Orgin plans to grow to 10,000 people in India
In an interview with ET Bureau, Gilles Grapinet, member of the executive team of Atos reporting to CEO Thierry Burton speaks exclusively to N Shivpariya.
Atos acquires Siemens IT Solutions and Services
Atos said it has completed the acquisition of Siemens IT Solutions and Services GmbH, the holding company of all IT activities of engineering giant Siemens.
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