Atos to buy Fonds de solidarité FTQ-backed Processia

France's Atos has agreed to acquire Processia, a Laval, Quebec-based product lifecycle management system integrator and Dassault Systèmes service partner.

France’s Atos has agreed to acquire Processia, a Laval, Quebec-based product lifecycle management system integrator and Dassault Systèmes service partner. No financial terms were released for the deal, which is expected to close in Q2 2021. Processia is backed by Fonds de solidarité FTQ.

PRESS RELEASE

Paris (France), April 20, 2021 – Atos today announced it has reached an agreement to acquire Processia, a Product Lifecycle Management (PLM) system integrator and Dassault Systèmes Global Service Partner, headquartered in Canada.

With this acquisition, Atos will enhance its capabilities to support manufacturing companies on their transformation journey and adoption of Industry 4.0 technologies, in line with its industry-specific strategy. Through Processia, Atos will reinforce its PLM and Engineering Solutions franchise, complementing its current offerings of Siemens, PTC and Dassault Systèmes services, and expand the Group’s footprint in North America and in Europe, especially in Belgium, Canada, France, India, the Netherlands, the UK and the US.

The digitalization imperative has become a top priority for manufacturers, leading them to consider innovative ways to empower data accessibility across their entire business. As PLM provides a product data backbone for the extended organization, it is one of the cornerstones of the manufacturer’s digital transformation.

Founded in 2000, Processia offers consulting, integration and managed services for businesses in the aerospace, automotive, transportation, life sciences, discrete manufacturing and high-tech sectors. The acquisition will add a highly skilled team of approximately 250 professionals to Atos.

“We are delighted to welcome the Processia experts and to strengthen the digital manufacturing capabilities of Atos. Processia has impressive capabilities and an excellent reputation. They will complement the PLM and Engineering Services portfolio of the Atos Manufacturing practice extremely well. The two companies are also very complementary in terms of global footprint and customer base,” said Pierre Barnabé, Head of Manufacturing Industry at Atos.

“I am very proud to start a new chapter in the history of Processia with our acquisition by Atos who has placed its trust in our growing company. Its international scope and vision are in line with Processia’s identity and ambitions. We intend to leverage its international reach as a tool for growth and development. This acquisition is a testament to our reputation and the quality of the services we provide in PLM Product Life Cycle Management.” said Vincent Fraser, CEO and Co-founder of Processia.

The closing of the transaction is expected to take place in Q2 2021.

About Atos
Atos is a global leader in digital transformation with 105,000 employees and annual revenue of over € 11 billion. European number one in cybersecurity, cloud and high performance computing, the Group provides tailored end-to-end solutions for all industries in 71 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos operates under the brands Atos and Atos|Syntel. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index.