IT services giant Atos has continued its buy-and-build strategy with the acquisition of three companies in Europe and North America.
The latest raft of deals takes Atos’ acquisition tally to over a dozen transactions over the past two years.
Ipsotek
In the UK, Atos has purchased Ipsotek, a provider of video analytics software solutions. Based in London, Ipsotek’s software enables its clients to track people and objects in spaces, for uses cases including crowd management, smoke detection, intrusion detection, perimeter protection, number plate recognition and traffic management.
Since its founding in 2001, Ipsotek has delivered more than 600 projects in 30+ countries, across sectors including the public sector, retail, manufacturing, transportation, and critical infrastructure sectors such as defence and utilities.
Atos buys tech companies in Europe and North America
“With this strategic move, Atos is reinforcing its position in edge and computer vision and complementing its existing end-to-end offering in artificial intelligence and machine learning,” said Pierre Barnabé, Senior Executive Vice President, Global Head of Big Data & Security at Atos.
cryptovision
In Germany, Atos has acquired cryptovision, a company that designs, develops and implements cryptography software and security solutions for securing digital identities. The company, based in Gelsenkirchen, is particularly active in the public and defense sectors, as well as other sectors with highly demanding regulations and security standards.
The bolt-on adds a team of around 40 professionals to Atos in Germany and bolsters its cybersecurity offerings. The deal comes within a year after the cybersecurity practice already beefed up its capabilities with the acquisitions of Motiv ICT Security in the Netherlands and SEC Consult in the DACH region.
“This will help us develop even more effective security solutions that meet growing cybersecurity and privacy needs,” said Barnabé, pointing at the growing cyber risks landscape.
Processia
The third deal sees Canada-headquartered Processia added to its network. Processia is an IT consultancy specialised in implementing Industry 4.0 technologies in the industrial sector. The firm offers consulting, integration and managed services for businesses in the aerospace, automotive, transportation, life sciences, manufacturing and high-tech sectors.
The bolt-on sees approximately 250 professionals join Atos in North America (Canada, US) and Europe (Belgium, France, the Netherlands, and the UK). “Processia has impressive capabilities and an excellent reputation. They will complement the Product Lifecycle Management and Engineering Services portfolio of Atos,” commented Barnabé.
Leaders of the trio of acquired companies – Boghos Boghossian (Ipsotek), Markus Hoffmeister (cryptovision) and Vincent Fraser (Processia) – all expressed their delight at joining a global powerhouse such as Atos (revenue of €11 billion), which will offer their companies opportunities to enrich their portfolios and expand their impact.
Sourced from Consultancy.eu