France Offers Atos Up to €625 Million for Strategic Assets
- French state offered to buy supercomputers and AI activities
- Atos is undergoing a court-supervised takeover by creditors
The Atos headquarters in Paris.
Photographer: Anita Pouchard Serra/BloombergThis article is for subscribers only.
The French government offered to buy Atos SE’s advanced computing assets for as much as €625 million ($653 million) after an earlier offer from the state expired.
The non-binding bid gives the business an enterprise value of €500 million and may include additional payments based on future earnings, the company said in a statement on Monday. The offer, which expires in May, includes Atos’s artificial intelligence business as well as its supercomputers, which are used by researchers, the nuclear power industry and the military. Those assets generated revenue of about €570 million in 2023, the company said in the statement.