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Atos Sells Bull Advanced Computing to French State

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TechnologyDivestiture

Deal Overview

Atos Group has completed the sale of Bull, its Advanced Computing activities, to the French State. The enterprise value is up to €404 million, including contingent earn-outs totaling €104 million.

The Advanced Computing perimeter includes High-Performance Computing (HPC) & Quantum and the Business Computing & Artificial Intelligence divisions, which generated revenue of approximately €0.7 billion in fiscal year 2025. The transaction perimeter was adjusted to exclude zData, and contingent earn-outs were revised from €110 million to €104 million.

Atos says the divestiture supports its strategic plan to refocus on cybersecurity, mission-critical systems and digital services, while the French State becomes Bull’s sole shareholder. The deal was structured to ensure continuity of service for Bull’s clients and employees.

Key Details

Transaction
French State acquires Bull
Deal Size
Over $100M
Reported Value
up to €404 million

Filed under

Source

Read full article on atos.net

via GN - completed acquisition of · April 1, 2026

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