“Experian to acquire Atos Origin’s document and check processing”
Paris, France - January 16, 2003
Experian and Atos Origin have today signed an agreement under which Experian will acquire 100% of Atos Origin's document management and check processing activities (DMS).
Under the agreement, Experian will take over Atos Origin's DMS business, which specializes in two activities that are core to Experian's strategy in the Business Process Outsourcing market namely, document processing (invoice management, collection, reminders, orders, subscription) and check processing. The acquisition remains subject to approval by the French Ministry of the Economy, Finance and Industry. Atos Origin and Experian have also entered into a commercial agreement to work together to secure new business, with Experian subcontracting the data processing work to Atos Origin for these two activities only.
Following the acquisition of CNTP by Experian in 2001, this new acquisition will enable Experian to further develop its position in the growing market for industrialized document processing, which it considers key to its development. Through this move, Experian will also confirm its strategic position in check processing.
This agreement is part of Atos Origin's strategy to focus its activities on three lines of business: Consulting, System Integration and Managed Operations and it ensures that existing clients for document handling and check processing will continue to be served effectively on a long term basis.
Atos Origin's DMS business operates 18 sites in France and employs around 1,000 staff. The company processed more than one billion operations in 2002 and its turnover currently amounts to approximately € 60 million per annum.
"In acquiring Atos Origin's Document Management Services, Experian is gaining tested know how and experienced teams with strong skills in technology and industrial processes " explained Ludovic Denis, Regional director at Experian. "This is a further step in the development of our Business Process Outsourcing strategy. By bringing together two complementary entities, we will be able to develop our activity further, for our clients' benefit."
"We strongly believe that Experian, as a major international player on this market, will provide our customers with services based on quality, integrity and continuous technological innovation, values that both companies share. This transaction largely completes the portfolio rationalization plan that we announced when merging Atos and Origin" said Bernard Bourigeaud, Chief Executive of Atos Origin.
Experian helps organisations find the best prospects and make fast, informed decisions to improve and personalise their relationships with their customers. It does this by combining sophisticated and intelligent decision-making and processing systems with some of the world's most comprehensive databases of information on consumers, businesses, motor vehicles and property. Through multi-channel delivery of its products and services, Experian enables its clients to conduct secure and profitable e-business and develop state-of-the-art CRM systems for communicating and building one-to-one relationships with customers. Experian is a subsidiary of GUS plc and has headquarters in Nottingham, UK, and Costa Mesa, California. Its 13,000 people support clients in over 60 countries. Annual sales are approaching £1.1 billion.
Atos Origin is an international information technology services provider. Its business is turning client vision into results through the application of consulting, systems integration and managed operations, including outsourcing and on-line services. In August 2002, Atos Origin acquired KPMG Consulting in the UK and The Netherlands, which now trade as Atos KPMG Consulting. The company generates annual revenues of EUR 3.3 billion and employs 30,000 staff in 30 countries. The Group's client list includes major companies such as ABN-Amro, Akzo-Nobel, Alstom, BNP Paribas, British Petroleum, Euronext, Fiat, ICI, ING, KPN, Lucent, Philips, Renault, Royal Bank of Scotland, Saudi Aramco, Shell, UBS Warburg, Unilever, Vivendi Universal, Vodaphone ad Wolters Kluwer.
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