Atos Sells South American Operations to Brazil’s Semantix




📅 - Atos Group has agreed to sell its South American operations to Brazilian technology company Semantix, marking a significant step in the French IT services firm's ongoing restructuring and a major consolidation move in the region's AI and data services market.

The binding agreement covers Atos' activities across Brazil, Argentina, Chile, Colombia, Uruguay, and Peru, where the business employs around 2,800 professionals. Financial terms of the transaction were not disclosed.

The divestment forms part of Atos' broader "Genesis" transformation plan, which aims to restore sustainable growth and improve profitability by narrowing the company's focus to core geographies and strategic assets. In [...][... Check source for end of article ...]
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Company: Atos.net

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