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1 day agoFrench government acquires Bull from Atos for 404 million
The French government acquired Bull from Atos for €404 million, ensuring a sovereign IT service provider in critical military sectors.
Atos announced on Wednesday that it expects revenue of €8 billion in 2025, in line with previous forecasts. The organic revenue decline will be 13.8 percent. The French IT company continues to struggle with contract losses, but CEO Philippe Salle sees customer confidence gradually returning. The company, once considered a crown jewel of the European tech sector, emerged from a major debt restructuring at the end of 2024. That restructuring reduced its debt burden by €2.1 billion.