Atos Origin and Engineering have signed definitive agreements
Paris, 11 December 2007 -Atos Origin, an international IT services company, and Engineering Ingegneria Informatica s.p.a, have signed definitive agreements whereby Engineering will
acquire the operations of Atos Origin in Italy. The transaction price is EUR 45 million in cash and the closing is subject to antitrust approval.
The transaction will create an IT services leader in Italy. The companies will enter into an Alliance Agreement allowing both companies to serve their Italian and International customers via
the global capacity created by the Alliance.
“By creating an IT services leader in Italy and through our Global Alliance Agreement we will be able to reinforce our capacities to deliver locally and globally high quality and innovative
services to our customers.” said together Philippe Germond, CEO of Atos Origin, and Michele Cinaglia, Chairman of Engineering.
Philippe Germond, CEO of Atos Origin, added: “This transaction clearly demonstrates our determination to manage our portfolio of assets. The disposal of Atos Origin activities in Italy will
have an immediate positive effect on the Group’s margin and organic growth.”