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Atos completes the acquisition of Unify

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.

Sead Fadilpašić is a freelance tech writer and journalist with more than 17 years experience writing technology-focussed news, blogs, whitepapers, reviews, and ebooks. And his work has featured in online media outlets from all over the world, including Al Jazeera Balkans (where he was a Multimedia Journalist), Crypto News, TechRadar Pro, and IT Pro Portal, where he has written news and features for over five years. Sead's experience also includes writing for inbound marketing, where he creates technology-based content for clients from London to Singapore. Sead is a HubSpot-certified content creator.