PARIS, May 2 (Reuters) - U.S. private equity firm Bain
Capital is looking at buying some key assets of French tech and
software company Atos, reported French paper Les Echos
on its website, citing sources.
Atos is in the middle of a restructuring and planned asset
sale programme. Last month, the French government made a
provisional offer to acquire various strategically important
assets from Atos, including its Advanced Computing,
Mission-Critical Systems and Cyber Products divisions.
Bain Capital declined to comment.
WHY IT IS IMPORTANT:
The French government considers Atos as having assets
that are of strategic importance to France.
Atos secures communications for the French military and
secret services and manufactures servers to make supercomputers
capable of processing vast amounts of data for research or to
develop the nascent artificial intelligence industry.
Atos also runs data for the Paris Olympic Games.
WHO ELSE IS INTERESTED IN ATOS?
Thales said this week it could be tempted by
Atos' defence assets.
Media reports have also said that planemaker Dassault
Aviation and Czech businessman Daniel Kretinsky would be
interested in Atos.
BY THE NUMBERS:
Atos shares are down around 70% so far in 2024. The
company has a market capitalisation of roughly 220 million
euros.
Atos, which has been in refinancing talks with its banks
for several weeks, said this week that it needed 1.1 billion
euros in cash to fund operations over 2024-2025.