Atos to acquire Siemens Convergence Creators
Paris, October 2, 2017
Atos, a global leader in digital transformation, today announces its project to acquire Siemens Convergence Creators Holding GmbH (CVC), a global multi-industry digital transformation solutions provider, headquartered in Vienna. With its highly skilled engineers and a total headcount of approximately 800 staff, CVC delivers software based solutions in the fields of communication networks, service and customer management, public safety and security, multimedia infotainment, as well as space technology.
CVC was initially an internal innovative R&D and solutions partner for multiple Siemens Business Units (BUs). In 2016, Siemens completed its carve out as an independent Siemens BU with it’s own IP resources and an external customer strategy.
Focused on innovative R&D and turnkey solutions, CVC would accelerate Atos’ technology leap, bringing specific software and hardware IP assets notably to enlarge its cybersecurity and communication solutions. These combined offerings would strengthen Atos’ credentials and ability to deliver the latest mission-critical systems and secured networks while increasing Atos’ penetration in the Telco market and enable access to high-growth markets such as satellite and civil airplane manufacturers and operators.
CVC presence in Germany, the US, and Central and Eastern Europe (with delivery centres in Croatia and Romania providing digital expertise), together with its powerful network of partners, would offer Atos a strong basis for activities all over the world.
The transaction is expected to close end of December 2017 and is subject to information / consultation by employee representative’s bodies’ as well as the approvals of the regulatory and antitrust authorities.
Gilles Arditti - +33 1 73 26 00 66 - email@example.com
Atos is a global leader in digital transformation with approximately 100,000 employees in 72 countries and annual revenue of around € 12 billion. European number one in Big Data, Cybersecurity, High Performance Computing and Digital Workplace, the Group provides Cloud services, Infrastructure & Data Management, Business & Platform solutions, as well as transactional services through Worldline, the European leader in the payment industry. With its cutting-edge technologies, digital expertise and industry knowledge, Atos supports the digital transformation of its clients across various business sectors: Defense, Financial Services, Health, Manufacturing, Media, Energy & Utilities, Public sector, Retail, Telecommunications and Transportation. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and operates under the brands Atos, Atos Consulting, Atos Worldgrid, Bull, Canopy, Unify and Worldline. Atos SE (Societas Europaea) is listed on the CAC40 Paris stock index.
About Siemens Convergence Creators
Siemens Convergence Creators is engineering a smart digital future.
Siemens Convergence Creators Holding GmbH, headquartered in Vienna, engineers the solutions for its customers’ digital transformation, delivering sustainable value and providing opportunities that turn visions into reality.
Among its most important customers are top players in their respective industrial sectors: telecommunications, media (TV, publishing houses), transportation (railways, aircraft manufacturers, airlines and airports), space, public safety (action forces), and energy (wind power, oil and gas).
Siemens Convergence Creators’ presence in emerging and mature markets like Central and Eastern Europe, Germany, the U.S., India, and China, along with a powerful network of partners, offers a strong foundation for its global activities.
About Siemens AG
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.