IT services giant Atos inks $3.4B deal to acquire Syntel
July 23, 2018 – Atos SE, a major player in the global information technology services market that closed 2017 with revenue of nearly $15 billion, announced that it has inked a deal to acquire industry peer Syntel Inc. for $3.4 billion.
Syntel brings a lot to the table besides its sizable talent pool. The Troy, Michigan-based company has been active in the IT services market for 38 years and operates across a variety of segments, from software development to outsourced technical support. Syntel generated $923 million in revenue in 2017.