Points of View

Atos clients: Get your share of the Syntel efficiency gains!

 

Atos raised a few eyebrows in late 2018 when it stumped up $4 billion to acquire Syntel to add some major strengths to its US financial services business and expand its global footprint. These eyebrows are raised because this acquisition is very unlike previous moves from Atos, with its motives driven by changing the very culture and nature of how the firm delivers services. 

 

 

At first glance, this looked like a play from Atos primarily to strengthen its foothold in the US, where Syntel has strengths, while also tapping into some lucrative long-term relationships that Syntel has nurtured for many years. As this acquisition has unfolded, the narrative has shifted from top line growth to optimization of existing revenues, making it a potential game-changer for the newco.

 

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