Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  AtoS SE    ATO   FR0000051732

ATOS SE

(ATO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Statement from Atos

10/28/2020 | 01:00am EST

On October 27, 2020, a jury in the United States District Court for the Southern District of New York found Syntel, now part of Atos, liable for trade secret misappropriation and copyright infringement and specified an amount of damages due to Cognizant and its subsidiary TriZetto of approximately $855 million in damages. The case started in 2015 between Syntel and TriZetto and predated the 2018 acquisition of Syntel by Atos.

Atos has already filed a motion challenging the validity of TriZetto’s claims and will immediately seek to file a further motion to overturn the verdict. These motions will be decided by the Judge presiding over the case. If these motions were denied, Atos would have the right to appeal. Atos considers that the jury’s verdict is not supported by the evidence presented during the trial or the applicable law. In addition, Atos considers the amount of damages grossly out of proportion to the acts complained of.

As Atos argued at trial, the maximum amount of damages legally available to TriZetto in this case is approximately $8.5 million. Atos confirms this position.

**** 

Contacts

Investor Relations:
Gilles Arditti - +33 1 73 26 00 66 - gilles.arditti@atos.net

Press:
Sylvie Raybaud - +33 6 95 91 96 71 - sylvie.raybaud@atos.net

About Atos

Atos is a global leader in digital transformation with 110,000 employees in 73 countries and annual revenue of € 12 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and operates under the brands Atos, Atos|Syntel, and Unify. Atos is a SE (SocietasEuropaea), listed on the CAC40 Paris stock index.

The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

Attachment

Primary Logo


© GlobeNewswire 2020
All news about ATOS SE
04:14aORANGE : Says Not Working on Atos Takeover Plans
DJ
04:00aATOS : Senegal's UVS uses Atos' BullSequana Intel-based supercomputer to evaluat..
GL
11/24ATOS : launches new speed log for Navy vessels and merchant fleets
PU
11/23ATOS : named by Gartner as an Edge AI Technology Innovator for 2020
GL
11/19ATOS : and Forescout Technologies secure Hard Rock Stadium
GL
11/19ATOS : reaches #1 position in the Dow Jones Sustainability Index (DJSI) 2020 in ..
GL
11/17ATOS : powers Europe's fastest supercomputer at Jülich in Germany, the most ener..
GL
11/16ATOS : Free float evolution
GL
11/16ATOS : Free float evolution
AQ
11/16ATOS : TIM and Atos launch a strategic partnership for the development of the Cl..
GL
More news
Financials
Sales 2020 11 272 M 13 421 M 13 421 M
Net income 2020 503 M 599 M 599 M
Net Debt 2020 61,1 M 72,8 M 72,8 M
P/E ratio 2020 16,4x
Yield 2020 1,86%
Capitalization 8 135 M 9 688 M 9 686 M
EV / Sales 2020 0,73x
EV / Sales 2021 0,67x
Nbr of Employees 106 980
Free-Float 87,3%
Chart ATOS SE
Duration : Period :
AtoS SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ATOS SE
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 86,25 €
Last Close Price 74,04 €
Spread / Highest target 56,7%
Spread / Average Target 16,5%
Spread / Lowest Target -9,51%
EPS Revisions
Managers
NameTitle
Élie Girard Chief Executive Officer & Director
Bertrand Marc Andrew Meunier Non-Executive Chairman
Eric Grall Chief Operating Officer & Head-Manufacturing
Uwe Stelter Chief Financial Officer
Sophie Proust Group Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
ATOS SE-0.38%9 688
ACCENTURE PLC18.41%157 967
TATA CONSULTANCY SERVICES24.96%137 380
INTERNATIONAL BUSINESS MACHINES CORPORATION-7.34%110 669
AUTOMATIC DATA PROCESSING, INC.2.80%74 648
INFOSYS LIMITED52.59%64 151