Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  AtoS SE    ATO   FR0000051732

ATOS SE

(ATO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Atos : to Challenge Verdict in Syntel-TriZetto Case

10/28/2020 | 02:23am EST

By Giulia Petroni

Atos SE said Wednesday that it would challenge a U.S. District Court jury verdict that found Syntel Inc. liable for misappropriation of trade secrets and copyright infringement in a case against Cognizant Technology Solutions Corp. and its TriZetto healthcare subsidiary.

Atos acquired Syntel in 2018.

The French IT company said it "considers that the jury's verdict is not supported by the evidence presented during the trial or the applicable law [...] and considers the amount of damages grossly out of proportion to the acts complained of."

The jury has specified an amount of damages due to Cognizant and TriZetto of about $855 million, the company said. Atos contends that the maximum amount of damages legally available to TriZetto in this case is about $8.5 million.

Atos said it has already filed a motion challenging the validity of TriZetto's claims and will seek to file a further motion to overturn the verdict.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

10-28-20 0322ET

Stocks mentioned in the article
ChangeLast1st jan.
ATOS SE -0.27% 66.24 Real-time Quote.-11.18%
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION -1.14% 80.955 Delayed Quote.-2.67%
All news about ATOS SE
04:40aATOS : joins the Climate Neutral Data Centre Pact
PU
01/20ATOS : completes the acquisition of Canada-based cybersecurity firm In Fidem
GL
01/20ATOS : Wins Contract to Develop Data Services Platform For South Australian Gove..
MT
01/20ATOS : South Australian Government chooses Atos as a strategic partner
GL
01/19International Business Machines Expands Partnership With Atos to Help Compani..
MT
01/19ATOS : and IBM Collaborate to Accelerate Digital Transformation in the Enterpris..
GL
01/15ATOS : Handicare selects Atos as its main partner to optimise its digital platfo..
PU
01/14ATOS : launches Unify Office by RingCentral in U.S.
PR
01/13ATOS : recognized twice by Springboard Consulting for its excellence in disabili..
GL
01/12ATOS : Buys Canadian Cybersecurity Firm In Fidem
MT
More news
Financials
Sales 2020 11 256 M 13 687 M 13 687 M
Net income 2020 501 M 609 M 609 M
Net Debt 2020 148 M 179 M 179 M
P/E ratio 2020 14,8x
Yield 2020 2,07%
Capitalization 7 161 M 8 663 M 8 707 M
EV / Sales 2020 0,65x
EV / Sales 2021 0,60x
Nbr of Employees 106 980
Free-Float 87,4%
Chart ATOS SE
Duration : Period :
AtoS SE Technical Analysis Chart | ATO | FR0000051732 | MarketScreener
Technical analysis trends ATOS SE
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 88,79 €
Last Close Price 66,42 €
Spread / Highest target 73,1%
Spread / Average Target 33,7%
Spread / Lowest Target 9,91%
EPS Revisions
Managers and Directors
NameTitle
Élie Girard Chief Executive Officer & Director
Bertrand Marc Andrew Meunier Non-Executive Chairman
Eric Grall Chief Operating Officer & Head-Manufacturing
Uwe Stelter Chief Financial Officer
Sophie Proust Group Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
ATOS SE-11.18%8 663
TATA CONSULTANCY SERVICES15.58%167 752
ACCENTURE PLC0.18%165 961
INTERNATIONAL BUSINESS MACHINES CORPORATION3.34%115 909
INFOSYS LIMITED6.66%77 900
AUTOMATIC DATA PROCESSING, INC.-8.07%69 618