PARIS – May 23rd, 2005 – Atos Origin, a leading international information technology services provider, today announced that it has reached agreement to sell its Nordic operations to WM-data for SEK 1,330 million (EUR 145 million), payable in cash at completion. The transaction remains subject to approval from the competition authorities in Sweden and Norway, but is expected to complete in the second half of June 2005. Atos Origin and WM-data will enter into an alliance agreement to provide extended support for each other’s clients in their respective geographic domains.
Atos Origin acquired IT service operations in the Nordic region as part of the acquisition of Sema Group from Schlumberger in January 2004. The annual revenues in that region are approximately EUR 175 million, with 1,300 staff. Prior to 2004, Atos Origin had acquired a very small IT service unit in the Nordic region with Origin, which it sold to WM-data in 2001. Between 2001 and early 2004 WM-data supported Atos...