Atos is to acquire Cloudreach, a London, UK-based multi-cloud services company specializing in cloud application development and cloud migration, capitalizing on strong partnerships with all three hyperscalers.
The amount of the deal – subject to regulatory approvals and expected to close in early Q1 2022 – was not disclosed.
With the acquisition, Atos will boost its multi-cloud and security capabilities. Cloudreach’s strengths in consulting, transforming and building digital solutions for customers, using cloud-based applications, data and analytics, and machine learning, are embedded in hybrid and multi-cloud platforms with Atos’ leadership in Hybrid Cloud, SAP HANA, Application Modernization, Digital Workplace, Edge Computing, Cybersecurity and IoT.
The agreement drives an acceleration of the joint go-to-market proposition, along with investments in Cloudreach software innovation, geographical expansion, and the launch of a Talent Academy.
Incorporated in 2009 and led by CEO Brooks Borcherding, Cloudreach is a Premier Consulting Partner of Amazon Web Services (AWS), a Microsoft Azure Expert Managed Services Provider (MSP), and a Google Cloud Premier Partner as well as a Google Cloud Security Partner. It holds more than 1,000 certifications across AWS, Microsoft Azure and Google Cloud Platform. The company employs more than 600 highly skilled employees in cloud platforms, applications, and security in London and additional offices in the USA, Canada, the Netherlands, Germany, France, Switzerland and India. Revenue is expected at c.€100m in calendar year 2021.
Atos is a global leader in digital transformation with 107,000 employees and annual revenue of over € 11 billion. A leader in cybersecurity, cloud and high performance computing, the group provides tailored solutions for all industries in 71 countries. Atos is a SE (Societas Europaea), listed on Euronext Paris and included in the CAC 40 ESG and Next 20 Paris Stock indexes.