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Sources says IT firm Atos makes bid to buy DXC-Technology for $10 billion

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French IT consulting organization Atos SE has made a takeover technique to buy US rival DXC-Technology and values the NYSE-listed commercial enterprise at more than $10 billion, resources with the expertise of the problem told Reuters.

 

Atos is operating with advisers on a likely deal for DXC-Technology, a former Hewlett Packard employer unit, and made a proper approach in advance this week, the sources said, speaking on the situation of anonymity as the problem is personal.

Discussions are still at an initial level and there’s no fact that a deal may be agreed upon, they stated.

 

If a hit, a tie-up with DXC-Technology might enhance Atos’ presence inside america, giving it get entry to a huge variety of clients and B2B merchandise which includes analytics and cloud programs as properly as it outsourcing services.

 

it will also cause synergies and cost savings for Atos, which has been on an acquisition spree during the last twelve months, the resources said.

 

Representatives at Atos and DXC-Technology were now not at once to be had for remark.

 

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About Yuru Liu

Dr. Yuru Lui is our lead Editor for the Machine learning front at AdvanceDataScience and has 13 years of experience in the private industry, including team management. She has worked on various projects, including voice, network security, and embedded Linux, which has enabled him to look at problems from a broad perspective. She specializes in using AI and machine learning to enhance the human experience.
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