Siemens, Atos Extend Strategic Partnership for Digital, Integrated Solutions
September 23 2020 - 04:26AM
Dow Jones News
By Giulia Petroni
Siemens AG said Wednesday that it extended its strategic
partnership with Atos SE for five years in the areas of services
modernization and digitalization, as well as cloud transformation
and cybersecurity.
The German engineering conglomerate said the extension is part
of agreements worth three billion euros ($3.52 billion) over five
years signed separately with Siemens, Siemens Energy AG and Siemens
Healthineers AG.
"As part of the agreement, Atos will also invest in innovation
and digital modernization, in order to advance important innovation
topics for Siemens," the company said.
Siemens and the French IT company started their partnership in
2011. The extension will take place starting from January 2021,
according to Siemens.
The two players also said they are expanding their cooperation
to bring the digital solutions developed to the market and expect
this "sales-driven initiative" to generate significant additional
joint revenues over the next five years.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
September 23, 2020 04:11 ET (08:11 GMT)
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