Atos to acquire X-PERION AG in Germany to reinforce its position as a leader in IT services for Energy & Utilities
Paris, Munich, October 24 2019
Atos, a global leader in digital transformation, announces that it has signed an agreement to acquire X-PERION Consulting AG in Germany to combine it with Atos’ fully-owned subsidiary ENERGY4U GmbH, part of its Worldgrid activities. The business combination of both companies will create a leading IT service provider for energy and utility companies in Germany and will strengthen Atos’ global vertical strategy for the energy and utilities market.
X-PERION Consulting AG (“X-PERION”) is a leading IT consulting company specialized in SAP applications for the energy sector. It will complement the portfolio of ENERGY4U GmbH (“ENERGY4U”), a 100% subsidiary of Atos in Germany which is also focused on the energy market, and a member of the Worldgrid business activity of Atos addressing E&U clients globally. Atos Information Technology GmbH will take over the shares of X-PERION.
ENERGY4U and X-PERION will proceed with a joint go-to-market. Customers from both companies will benefit from an extended product and service portfolio with IT solutions that are specially designed for the requirements of the utilities industry.
The closing of the transaction is expected to take place before the end of the year and is subject to the final approval of Atos governance bodies.
Atos is a global leader in digital transformation with over 110,000 employees in 73 countries and annual revenue of over € 11 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. The group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and operates under the brands Atos, Atos Syntel, and Unify. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index.
The purpose of Atos is to help design the future of the information technology space. Its expertise and services support the development of knowledge, education as well as multicultural and pluralistic approaches to research that contribute to scientific and technological excellence. Across the world, the group enables its customers, employees and collaborators, and members of societies at large to live, work and develop sustainably and confidently in the information technology space.