The ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/french” target=”_blank”>French state has made a 410 million euros ($466.33 million)confirmatory offer to buy part of the former ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/advanced-computing” target=”_blank”>advanced computing business of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech”>tech company Atos, said ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/atos” target=”_blank”>Atos on Monday.
Once seen as a European tech champion, with a market value of more than 10 billion euros at its highest, Atos emerged from financial troubles in 2024 thanks to a restructuring agreement with its creditors.
Atos said the French state’s offer for its former Advanced Computing business was worth 410 million euros on an enterprise value basis.
It added that its Vision AI businesses…
