Digital services firm Atos has announced today that it has completed the acquisition of Unify, the integrated communications solutions firm, from Gores Group and Siemens.
Atos had to shell out €366 million (£281m), the company said in a press release, adding that it hopes the acquisition will create a "unique integrated proposition for unified communications improving the social collaboration, digital transformation and business performance of its clients”.
The deal was approved by all regulatory and anti-monopoly bodies from the European Union, United States, Russia and Brazil. The company also said that net debt was €48 million (£36m) at closing, and the pension deficit was €176 million (£135m).
The Services activity of Unify will be integrated into the Atos Service Line “Managed Services”, starting February 1.
Atos is a company founded in 2008 as a joint venture between Gores Group and Siemens. It operates mainly in the European Union and the United States, and generates €1.2 billion in revenue. It employs approximately 100,000 people across 72 countries.
The company provides consulting services, cloud operations, big data and cyber-security solutions and transactional services. It is present in various business sectors, including defence, financial services, health, manufacturing, media, utilities, public sector, retail, telecommunications, and transportation.