wydrukuj poleć znajomym zamów materiały
Od ilu lat pracuje Pani/Pan na różnych stanowiskach menedżerskich:

powyżej 20 lat
powyżej 15 lat
powyżej 10 lat
powyżej 5 lat
poniżej 5 lat
jeszcze nie byłam/-em menedżerem
nie chcę być menedżerem


Subskrypcja najnowszych ofert pracy





Nasi partnerzy:

rp.pl
gazeta.pl
onet.pl
interia.pl
wp.pl

Atos to acquire Bull to create a European global leader in Cloud, Cybersecurity, and Big Data 2014.06.06

Paris, France - May 26, 2014 - Atos, an international information technology services company, and Bull, the trusted partner for enterprise data, together announced today the intended public offer in cash by Atos for all the issued and outstanding shares in the capital of Bull. On Sunday May 25th, 2014, the Board of Directors of Bull has expressed its full and unanimous support for the transaction and has appointed pursuant to the AMF regulation an independent expert to provide a fairness opinion on the terms of the offer. The Board of Directors of Atos held on Friday May 23rd, 2014 also expressed its full and unanimous support for the transaction. Crescendo Industries and Pothar Investments, representing in aggregate Bull largest shareholder with 24.2% share capital have both committed to tender their shares to the Atos bid.

Courtesy of Bull
 

Paris, France - May 26, 2014


• With 2013 revenue of €1,262 million and operations across more than 50 countries, Bull is a leading player in Cloud, Cybersecurity, and Big Data, and the European global leader in High-Performance Computing.

• The combination will create the #1 European player in Cloud operations and a leading Cybersecurity solutions provider.

• Bull will bring critical and complementary capabilities in Big Data which, combined with Atos solutions will create a unique offering in this high growth segment.

• The transaction will enhance Atos’ offerings in mission critical solutions for Manufacturing, Healthcare, and Public Sector, and will reinforce the Group’s footprint, mainly in France but also in geographies such as, Iberia, Poland, Africa and Brazil.

• Atos will launch a public offer at €4.90 per share in cash, representing a 30% premium vs. the 3 month volume weighted average share price of Bull. Shareholders representing the largest Bull’s stake with 24.2% (Crescendo Industries and Pothar Investments) have already committed to tender their shares.

• €80 million of annual cost synergies are expected after 24 months from the accelerated completion of the “One Bull” plan for €30 million and from additional synergies mainly resulting from the combination of international operations and reduction of purchasing and real estate for €50 million.

• The transaction is expected to be accretive on Atos’ EPS as early as the first year and by above 10% after 24 months.

• The transaction has received the unanimous support from both Atos and Bull’s Board of Directors.



Atos, an international information technology services company, and Bull, the trusted partner for enterprise data, together announced today the intended public offer in cash by Atos for all the issued and outstanding shares in the capital of Bull.

Courtesy of Bull
 
Atos offer is set at €4.90 per Bull’s share in cash, representing a 22% premium over the Bull’s closing price (€4.01) on Friday May 23rd, 2014, the last trading day before this announcement, and a 30% premium with respect to the 3 month volume weighted average share price (€3.77).
The offer will also target the outstanding Bull’s OCEANEs at €5.55 per OCEANEs.

The offer values the fully diluted share capital of Bull Group at approximately €620 million. The offer is subject to reaching a minimum 50% + 1 share of Bull’s share capital acceptance level, and Atos intends to ultimately delist the Bull shares by way of squeeze-out or a subsequent merger between the two companies.

Courtesy of Bull
 
On Sunday May 25th, 2014, the Board of Directors of Bull has expressed its full and unanimous support for the transaction and has appointed pursuant to the AMF regulation an independent expert to provide a fairness opinion on the terms of the offer.

The Board of Directors of Atos held on Friday May 23rd, 2014 also expressed its full and unanimous support for the transaction.

Crescendo Industries and Pothar Investments, representing in aggregate Bull largest shareholder with 24.2% share capital have both committed to tender their shares to the Atos bid.

Thierry Breton, Chairman and CEO of Atos and Worldline Chairman.
Courtesy of Atos
 
Thierry Breton, Chairman and CEO of Atos
said:
“I welcome this combination as a major step to anchor our European leadership in Cloud, Big Data, and Cybersecurity, toward our 2016 Ambition to become a Tier 1 company and THE preferred European global IT brand. Bull’s highly recognized teams in advanced technologies such as high computing power, data analytics management, and cybersecurity ideally complement Atos’ large scale operations. Thanks to our integration capabilities and operational effectiveness culture, this transaction will strongly benefit Bull and Atos clients, employees, and shareholders.”

Philippe Vannier, Chairman and CEO of Bull Group.
Courtesy of Bull
 
Philippe Vannier, Chairman and CEO of Bull Group
, commented:
“Bull Group will strongly benefit from joining Atos, one of the most successful global IT company, in order to accelerate “One Bull” strategic plan implementation. I’m looking forward to being part of this new development within which each member of staff will add their own value. Together with Atos we share the same passion for business technology.”

General Management at Atos
Courtesy of Atos
 

A step further towards becoming a Tier 1 company and THE preferred European global IT brand


As part of the Atos’ “2016 Ambition”, this combination will enhance Atos’ #1 position in Cloud services in Europe, anchor its global leadership in Managed Services and Systems Integration.

Courtesy of Bull
 
Complementary technologies will further increase Atos’ businesses impact and the relevance of its disruptive and innovative offerings.



Creating the #1 in Europe in Cloud operations

The combination will reinforce Atos’ #1 European position in Cloud operations with around €400 million of revenue in Cloud services, including Canopy.

Courtesy of Atos
 
This will substantially enhance the Group’s operations in Cloud infrastructure solutions as Bull brings new technical capabilities and technologies that Canopy already had in its R&D roadmap, accelerating time-to-market for specific blocks relevant to Cloud.


Creation of a leader in Big Data & Cybersecurity

Atos intends to create a Big Data & Cybersecurity dedicated entity under the Bull brand with revenue of circa €500 million.

The objective is to leverage Atos global reach and existing operations in those segments with Bull unique expertise in Cybersecurity and in High Performance Computing (HPC).

Courtesy of Atos
 
Big Data is a fast growing market at circa +40% per year and is expected to reach €12 billion through 2015
[According to “Worldwide Big Data Technology and Services 2012-2015 Forecast” (IDC 2013)].

A significant part of Big Data requires HPC technology and Bull is the European leader in this market.

Courtesy of Atos
 
Atos’ vertical market knowledge, large customer base, and Systems Integration capabilities combined with Bull expertise in HPC infrastructure, will expand Atos’ service offering and bring HPC business at scale.

This will also allow Atos to further develop analytics solutions and propose Big Data services to establish its position in this fast growth market.

In the highly fragmented Cybersecurity market where niche players co-exist, the combination of Bull and Atos’ Cybersecurity capabilities will create a leading provider of products and services with a distinctive size.

Courtesy of Atos
 
The new Group will benefit from in-house R&D, patented technologies, specifically designed hardware and software products in selected segments, such as Cybersecurity and Cloud Security.

All Service Lines of the group will benefit from this unique set of assets in order to win large deals as security has become critical to build trust in all digital environments.



Atos’ key businesses reinforced in specific geographies and verticals

Atos Managed Services will be complemented by circa €500 million revenue coming from Bull.

This will enrich current Atos’ offerings as Bull’s expertise in Mission Critical Maintenance services and Mainframe Migration services will enable Atos to address new verticals with an increased scale.

Bull will bring new mainframe migration capabilities and solidify further the strategic partnership with EMC.

Courtesy of Bull
 
In Systems Integration, the contribution of circa €300 million revenue from Bull will increase Atos’ scale and the extension of the customer base will allow cross-selling of Atos’ offers, especially in Manufacturing, Banking, Defense, and Public Sectors.

The alignment of Bull's scope on Atos best practices through an operational improvement program is expected to generate higher project margin in line with Atos three-year plan.

Courtesy of Bull
 
From a geographical standpoint, the combination will strengthen Atos’ European leadership, especially in France where combined revenue will exceed €2 billion
(pro forma 2013) with a strong footprint in the public and banking sectors.

A significant value creation potential and an attractive financial profile


The combination will improve operational effectiveness by reducing SG&A including real estate, and decreasing purchasing costs by leveraging the combined higher scale.

Courtesy of Bull
 
Cost synergies potential is estimated at €80 million per year on a run rate basis within 24 months, consisting of:

• An acceleration of the “One Bull” plan with estimated cost savings of €30 million;

• The reduction by €30 million of indirect costs in the combined international operations and support functions;

• Additional savings of €20 million in procurement and real estate
.

These costs synergies are backed by a well identified and planned integration strategy within Atos’ operations, based on already experienced transformation programs in previous large transactions.

Courtesy of Bull
 
The implementation costs are estimated at €45 million over a 24 months period
.

This amount comes in addition to the €50 to 60 million costs of the “One Bull” plan announced in January 2014.

As part of the on-going “One Bull” plan, Bull’s top management intends to submit the booking of a provision reflecting these costs to the Bull’s Audit Committee and to the Bull’s Board of Directors approving the accounts to be closed on June 30th, 2014.

The transaction is expected to be accretive by more than 10% on Atos EPS within 24 months of integration [Assuming additional impact of amortization of intangibles through PPA of circa €15 million p.a. Assuming 60% minimum acceptance of the offer] and will preserve the solid financial flexibility for Atos to further implement its development strategy.


Offer details

The terms of the offer can be summarized as follow:

• Intended public offer in cash by Atos for all the issued and outstanding shares in the capital of Bull Group

• €4.90 per share in cash, implying a 30% premium over the 3 month volume weighted average share price (€3.77)

• Offer also targeting the outstanding Bull’s OCEANEs at €5.55 per OCEANEs.

• Subject to reaching a minimum 50% + 1 shares of Bull’s capital

• Not conditional to anti-trust clearance

• 24.2% of Bull’s capital already undertaken by Crescendo Industries and Pothar Investments to tender their shares

• Intention to ultimately delist the Bull shares by way of squeeze-out or a subsequent merger

• Intended offer unanimously approved by both Atos and Bull’s Boards of Directors



Contemplated timetable

• Early June 2014: Filing of the tender offer with the AMF

• Early July 2014: Opening of the offer period

• End of July 2014: Closing of the offer period and announcement of results

• Mid-August 2014: Settlement and delivery of shares

• Subsequently, potential reopening of the offer period, and potential squeeze out or merger implementation


Contact

Atos

Investor Relations:
Gilles Arditti
Tel +33 (0) 1 73 26 00 66
gilles.arditti@atos.net  

Press:
Sarah-Pearl Bokobza

Tel +31 (0) 10 86 01 72
sarah-pearl.bokobza@atos.net  

DGM
Tel +33 (0) 1 40 70 11 89

Rothschild is acting as sole financial adviser of Atos for this transaction.


Bull

Investor Relations:
Vincent Biraud

Tel +33 (0)1 58 04 04 23
vincent.biraud@bull.net  

Press:
Aurélie Negro

Tel +33 (0)1 58 04 05 02
aurelie.negro@bull.net  


About Atos

Atos SE (Societas Europaea) is an international information technology services company with 2013 annual revenue of €8.6 billion and 76,300 employees in 52 countries.

 
 
Serving a global client base, it delivers IT services in 3 domains, Consulting & Technology Services, Systems Integration and Managed Services & BPO, and transactional services through Worldline.

With its deep technology expertise and industry knowledge, it works with clients across the following market sectors: Manufacturing, Retail & Transportation; Public & Health; Financial Services; Telcos, Media & Utilities.

Atos is focused on business technology that powers progress and helps organizations to create their firm of the future. It is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and is quoted on the NYSE Euronext Paris market.

Atos operates under the brands Atos, Atos Consulting & Technology Services, Worldline and Atos Worldgrid.


About Bull

Bull is the trusted partner for enterprise data.
The Group, which is firmly established in the Cloud and in Big Data, integrates and manages high-performance systems and end-to-end security solutions.


 
 
Bull
's offerings enable its customers to process all the data at their disposal, creating new types of demand.

Bull converts data into value for organisations in a completely secure manner.

Bull currently employs around 9,200 people across more than 50 countries, with over 700 staff totally focused on R&D.

In 2013, Bull recorded revenues of €1.3 billion.


For more information:

www.bull.com  

www.facebook.com/BullGroup  

twitter.com/bull_com   


Source:

Atos

http://atos.net/en-us/home.html  

Bull

http://www.bull.com/  



ASTROMAN Magazine - 2014.06.01

Apple to Acquire Beats Music & Beats Electronics for a total of $3 Billion

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1721  


ASTROMAN Magazine - 2014.05.01

GE offers $16.9 Billion to acquire Alstom Thermal, Renewables, and Grid businesses

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1705  


ASTROMAN Magazine – 2014.04.13

Vodafone acquires 100% of Vodafone India for GBP 1.0 billion

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1695  


ASTROMAN Magazine – 2014.03.28

Intel Corporation and Cloudera announced a broad strategic technology and business collaboration

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1685  


ASTROMAN Magazine – 2014.03.26

Facebook to Acquire Oculus for $2 Billion

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1684  


ASTROMAN Magazine – 2014.02.20

Facebook to Acquire WhatsApp for $19 Billion

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1658  


ASTROMAN Magazine – 2014.02.02

Renault and Nissan launch projects to accelerate Alliance synergies

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1649  


ASTROMAN Magazine – 2014.02.01

Larry Page, CEO, Google: Lenovo to acquire Motorola Mobility for $2.91 billion

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1647  


ASTROMAN Magazine – 2013.12.27

Sale of Gracenote, Inc. by Sony Corporation of America

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1618  


ASTROMAN Magazine – 2013.12.22

IBM to Acquire Aspera to Help Companies Speed Global Movement of Big Data

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1610  


Editor-in-Chief of ASTROMAN magazine: Roman Wojtala, PhD.


wydrukuj ten artykuł
  strona: 1 z 1
polecamy artykuły
Mobile World Congress 2018. Barcelona, 26 February - 1 March 2018
Gala Property Design Awards 2018 w Katowicach
XTPL consistently pursuing commercialization of its breakthrough technology on the global market
SpaceX: Falcon Heavy Test Launch
Intel Xeon D-2100 Processor Extends Intelligence to Edge, Enabling New Capabilities for Cloud, Network and Service Providers
Siemens: Wunsiedel. A revolution in power distribution
Gary Gilliland: Cancer Research In 2018. Advances That Will Propel Us To Cures
NASA: Celebrating 60 Years of Groundbreaking U.S. Space Science
NASA: Studying the Van Allen Belts 60 Years After America's First Spacecraft
Rok 2018 w Centrum Sztuki Współczesnej Zamek Ujazdowski w Warszawie. Tak wiele w tak małym
Davos 2018: To Prevent a Digital Dark Age. World Economic Forum Launches Global Centre for Cybersecurity
Davos 2018: ABB and City of Davos pave the way to sustainable mobility through e-vehicle innovation
Tytuły "Ten, który zmienia polski przemysł" nadane przez Magazyn Gospodarczy Nowy Przemysł
Asseco wdrożyło na GPW nowoczesny system dostępowy do platformy obrotu Universal Trading Platform
IBM and Salesforce Strengthen Strategic Partnership
strona główna  |  oferty pracy  |  executive search  |  ochrona prywatności  |  warunki używania  |  kontakt     RSS feed subskrypcja RSS
Copyright ASTROMAN © 1995-2018. Wszelkie prawa zastrzeżone.
Projekt i wykonanie: TAU CETI.