“Acquisition of SchlumbergerSema : Shareholder approval”
PARIS/AMSTERDAM - January 22nd, 2004
Atos Origin, a leading international information technology services provider, today announced that its shareholders approved the acquisition of SchlumbergerSema from Schlumberger. The transaction is scheduled to complete by the end of next week. The acquisition will create one of the leading international IT services companies, with combined annual revenues in excess of EUR 5 billion.
About Atos Origin
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, trading as Atos KPMG Consulting. The company currently generates annual revenues of EUR 3 billion and employs 26,000 staff in 30 countries. The Group's client list includes major companies such as ABN AMRO, Akzo-Nobel, Alstom, BNP Paribas, BP, Euronext, Fiat, ICI, ING, KPN, Lucent, Philips, Renault, Royal Bank of Scotland, Saudi Aramco, Shell, UBS, Unilever, Vivendi Universal, Vodafone and Wolters Kluwer.
Sema Group was acquired by Schlumberger in 2001. It was subsequently renamed SchlumbergerSema and is a leading supplier of IT consulting, systems integration, and network and infrastructure services. In 2002 the company generated revenues of just under $3 billion. The activities that will be acquired by Atos Origin currently produce annual revenues of approximately $2.6 billion.
SchlumbergerSema currently employs approximately 21,000 staff in more than 40 countries and has leading market positions in most of the major markets of Europe, notably in the UK, as well as in The Americas and Asia Pacific.
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