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France steps up efforts at examining how to protect struggling IT company Atos
Atos company logo on building facade.

Published : 1 month ago, on

PARIS (Reuters) – France stepped up efforts on Friday to protect Atos, the country’s struggling and debt-ridden software company which is undergoing a restructuring.

The parliament’s Finance Commission said on Friday it had adopted an amendment that could lead to a nationalisation of Atos.

On Thursday, the French state also subscribed to a capital increase at Atos division Bull.

Atos, regarded as one of Europe’s most strategic firms in the software and technology sector, secures communications for the French military as it owns the supercomputers that simulate nuclear bomb tests in France.

It also provides critical IT services to the National Health Service in Britain.

 

(Reporting by Kate Entringer; Editing by Sudip Kar-Gupta)

 

Jesse Pitts has been with the Global Banking & Finance Review since 2016, serving in various capacities, including Graphic Designer, Content Publisher, and Editorial Assistant. As the sole graphic designer for the company, Jesse plays a crucial role in shaping the visual identity of Global Banking & Finance Review. Additionally, Jesse manages the publishing of content across multiple platforms, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.

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