Latest news with #ITGroup
Reuters
14-05-2025
- Business
- Reuters
France's Atos sets 10 billion euro target for annual revenue in new strategic plan
May 14 (Reuters) - French IT group Atos ( opens new tab unveiled a new, four-year strategic plan on Wednesday, aiming for up to 10 billion euros ($11 billion) in annual revenue in 2028, with an operating margin of 10%. ($1 = 0.8939 euros)
CNA
14-05-2025
- Business
- CNA
France's Atos sets 10 billion euro target for annual revenue in new strategic plan
French IT group Atos unveiled a new, four-year strategic plan on Wednesday, aiming for up to 10 billion euros ($11 billion) in annual revenue in 2028, with an operating margin of 10 per cent. ($1 = 0.8939 euros)
NHK
09-05-2025
- Business
- NHK
NTT to take full control of NTT Data with tender offer
Japanese telecom giant NTT says it will launch a tender offer to make its IT subsidiary a wholly owned unit. NTT currently holds about 57 percent of NTT Data Group. It says the offer to take full control is priced at 4,000 yen, or about 27 dollars, per share. The acquisition cost is expected to total 2.3 trillion yen, or about 16 billion dollars. NTT Data has a strong presence as an IT services provider to companies and government agencies and also oversees NTT's international operations. It has been building and managing datacenters at home and abroad in recent years. Demand for such facilities is growing amid the rise of generative AI. NTT hopes to speed up decision making within the group and boost its competitiveness abroad by combining management with NTT Data. NTT President and CEO Shimada Akira said: "We will utilize the group's cash flow by making NTT Data Group a wholly owned subsidiary. And we plan to make investments for growth more flexibly, swiftly and boldly."
