Atos plans to buy Syntel for $3.57B in solution provider megadeal

 

July 23, 2018 – Atos plans to buy Syntel for $3.57 billion to massively expand the solution provider’s North American footprint and increase its capabilities around financial services.

The Paris-based company, No. 22 on the 2018 CRN Solution Provider 500, said its proposed purchase of Troy, Mich.-based Syntel, No. 39 on the 2018 CRN Solution Provider 500, will enhance its offerings around cloud, social media, mobile, analytics, IoT, and automation. These emerging technologies account for roughly 40 percent of Syntel’s $923.8 million in annual sales.

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