Atos Agrees to Sell Worldgrid to Alten in $294 Million Deal

Atos has announced the sale of its Worldgrid business to French IT and engineering firm Alten. This transaction, valued at around $294 million, involves a share and asset purchase agreement. The enterprise value of the Worldgrid business unit has been set at 270 million euros, reflecting the strategic decision for Atos to streamline its operations and focus on core areas. Alten, known for its consulting services, plans to integrate Worldgrid to expand its capabilities and offerings in the IT sector.