Tag: EP Equity Investment

ATOS scotches Tech Foundations sale

Atos has abandoned its plans to flog its Tech Foundations arm to EP Equity Investment (EPEI) after disagreeing on the price and terms of the deal.

The French IT giant said it will keep looking for other ways to eliminate the loss-making business, which sells old-fashioned tech to big clients.

An ATOS spokesman said Tech Foundations is still up for grabs, but they will run it alongside their Eviden unit, which sells trendy tech like cyber security and digital platforms.