Atos Acquires Massive Information Consultancy DataSentics
Global IT consulting firm Atos has acquired DataSentics, a Czech Republic-based data science company specializing in developing business solutions and products for artificial intelligence and machine learning (AI / ML). The financial terms of the transaction were not disclosed.
This is the # 668 technology M&A deal ChannelE2E has covered so far in 2021.
The DataSentics acquisition comes as Atos seeks to stimulate its overall business growth while considering potential asset sales.
Atos takes over DataSentics: The AI / ML strategy
DataSentics was founded in 2016 and employs around 10 AI / ML data scientists and engineers. The company supports large companies in Central and Western Europe. The major industries served include financial services, retail and media, the seller said.
Atos is a global solution provider with a focus on digital transformation, cybersecurity, cloud and high performance computing. Atos has 107,000 employees and an annual turnover of over 11 billion euros.
Atos, armed with DataSentics, will build a global AI / ML “factory” to provide solutions for enterprise customers in all industries, the buyer said.
Atos acquires DataSentics: Executive Commentary
Pierre Barnabé, EPP, Head of Big Data and Security, Atos
Petr Bednarik, CEO and Founder, DataSentics
In a prepared statement on the deal, Pierre Barnabé, Executive Vice President, Head of Big Data and Security at Atos said:
“This is a fantastic opportunity to expand our existing AI / ML skills. With DataSentics we are strengthening our global AI / ML factory, which is already using the expertise of our recent acquisitions in this area: zData, Miner & Kasch and Ipsotek. “
Petr Bednarik, CEO and Founder of DataSentics, added:
“We are excited that Atos’ global reach and strong vertical industry focus will accelerate the impact of our AI products and solutions on companies around the world.”
The deal is expected to close in the fourth quarter of 2021.
Atos acquisitions: Snowflake, Salesforce and Cybersecurity
Even though Atos is considering selling some companies, the IT consultancy made several acquisitions in 2021. Examples of deals are:
Additional insights from Joe Panettieri.
