Atos, an international IT services company, and Siemens announced that both companies have completed the transaction pursuant to which Atos has acquired Siemens IT Solutions and Services, the holding company of all Siemens IT activities. All conditions precedent for this transaction have now been completed, the last step was the approval of the transaction by Atos shareholders at the Atos Extraordinary Shareholders meeting.

As consideration for the contribution, Siemens has received shares of Atos representing 15% of the share capital of Atos as well as bonds convertible into new or existing shares of Atos representing a nominal amount of €250 million, and a cash payment of €176 million.