Global services firm Atos has bolstered its multi-cloud and security capabilities by acquiring Cloudreach, a multi-cloud services company with over 600 staff.
Headquartered in London with additional offices in the US, Canada, the Netherlands, Germany, France, Switzerland and India, Atos said Cloudreach expects revenues of €100m in 2021.
The firm also holds a combined 1,000 certifications across the Amazon, Microsoft and Google technology stacks.
"The future acquisition of Cloudreach has strong synergetic potential with the existing Atos expertise in cloud, notably in Europe, and enhances the value of our past acquisitions of Syntel, Maven Wave, Edifixio and more recently VisualBI and AppCentrica," said Atos acting co-CEO, Adrian Gregory.
Meanwhile, the deal will enable Cloudreach to extend its into North America and other regions where Atos exists. “Cloudreach perfectly represents the company’s acquisition strategy, by reinforcing a key expertise of the Group to serve its organic growth acceleration,” Gregory added.
In August, Cloudreach and AWS signed a strategic collaboration agreement to accelerate global cloud adoption.
“We’re excited to take Cloudreach on the next step of its mission to deliver the promise of cloud and drive extraordinary value for our customers,” said Brooks Borcherding, CEO of Cloudreach. “Atos offers an impressive global platform of technology assets and deep expertise, enabling clients to drive digital capabilities at an entirely new scale and speed while providing our people with exciting new challenges and career growth.”
