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Atos snaps up IT firm Syntel in $3.7 billion deal

 

July 23, 2018 – The French digital transformation company said the purchase of Syntel, a Troy, Michigan-based IT company, will give Atos a “powerful suite of digital and proprietary solutions recognized by top analysts as being among the most advanced: cloud, social media, mobile, analytics, Internet of Things (IoT), and automation.”

In addition, Atos says the purchase, which was unanimously approved by both companies’ boards of directors, will offer Atos the opportunity to expand its footprint in the United States, with a particular focus levied towards banking, finance, and insurance.

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