Atos intends to combine this with its wholly owned subsidiary Energy4u, which is part of its Worldgrid activities. The merger of the two companies will create an IT service provider for energy companies and utilities in Germany and strengthen Atos' global strategy for the energy and utilities industry.
X-Perion is an IT consulting firm specializing in SAP applications in the energy sector. Its portfolio complements that of Energy4u. This also focuses on the energy market.
Atos Information Technology is to acquire the shares of X-Perion. Energy4u and X-Perion will start joint marketing.
Customers of both companies will benefit from an expanded product and service portfolio with IT solutions that specifically cover the requirements of the energy and utilities industry. The transaction is expected to be completed before the end of this year.
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