ALTEN to acquire Worldgrid from Atos for €270m.

ALTEN, an IT and engineering firm, agreed to acquire Worldgrid, a smart energy business, from Atos, a French multinational information technology service and consulting company, for €270m. “Worldgrid is a unique company whose know-how and expertise are universally recognized. Its positioning would strengthen and complement ALTEN’s presence in the energy and utilities sector. Combining both businesses would reinforce our relationships with our strategic customers, especially in the nuclear field, by offering a wide range of value-added services,” Simon Azoulay, ALTEN Chairman and CEO.