Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Xerox gets out of IT outsourcing with sale to Atos

Xerox gets out of IT outsourcing with sale to Atos
Euronews logo
Text size Aa Aa

Xerox is selling its information technology outsourcing division – which has nearly 10,000 employees in 45 countries – to French IT services firm Atos.

The price is $1.05 (855 million euros).

The US company is getting rid of it to focus on faster-growing areas like business process outsourcing and document outsourcing.

Atos said the deal would triple its size in the US and boost earnings.

Xerox, best known as a maker of printers and copiers, is moving towards services as companies print fewer documents and as tablets and smartphones start to dominate personal computing.