CORRECTED-French IT firm Atos buys further three companies, posts Q1 sales drop

(Corrects number of acquisitions)

April 20 (Reuters) – French IT consulting group Atos said on Tuesday it acquired three more companies, as it continues its series of bolt-on acquisitions.

The Paris-based firm, which develops end-to-end solutions in hybrid cloud, big data, business applications and digital workplace said it had bought Canada-based Processia, UK-based Ipsotek and German cybersecurity firm cryptovision. It gave no financial details of the transactions.

The group said its first-quarter revenue came in at 2.69 billion euros ($3.24 billion), falling 1.9% below the last year’s figure.

$1 = 0.8292 euros Reporting by Bartosz Dabrowski and Juliette Portala in Gdansk Editing by Tomasz Janowski


More from: | Category: M&A News