Atos Group Finalizes Sale of Bull to French State

Atos Group, a leader in AI-powered digital transformation, announced the completion of the sale of Bull, its Advanced Computing arm, to the French State. The enterprise value of the deal is up to €404 million, including €104 million in contingent earn-outs. Originally, the deal included a value of up to €410 million but was amended to exclude zData, altering the earn-out terms.

The divested unit includes High-Performance Computing (HPC), Quantum, Business Computing, and AI divisions. These divisions generated approximately €0.7 billion in revenue in 2025. Moving forward, Atos' Eviden brand will focus on cybersecurity, mission-critical systems, and Vision AI, having recorded €0.3 billion in revenue post-divestiture.

The sale aligns with Atos' strategy to streamline its operations, concentrating on areas with strong growth potential. This transaction ensures continuity for Bull's clients and staff while the French State becomes its sole shareholder, emphasizing the importance of sovereign supercomputing and AI capabilities.