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International Business Times
International Business Times
World
Yassine KHIRI

French Tech Group Atos Picks Onepoint's Rescue Bid

Atos runs supercomputers for France's nuclear deterrent and will provide real-time results during the Paris Olympics (Credit: AFP)

Struggling French tech group Atos, an Olympics partner and key French defence contractor, said Tuesday it had chosen a takeover offer by a consortium led by its top shareholder Onepoint.

Atos -- which runs supercomputers for France's nuclear deterrent, holds contracts with the French army and is the IT partner for the Paris Olympics -- is sagging under almost five billion euros ($5.4 billion) of debt.

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