Business Services Industry

Brazil : Atos Origin outlines plans.

South American Business Information, September, 2000

Atos (France) has acquired Origin, from Royal Philips Electronics NV, in a US$2.6bil deal. Philips will receive 21.5mil stocks in the new company that will be named Atos Origin. Until 2001 the new products will arrive in the Brazilian market, informed Mr Roberto Biagi the chairman of Origin Brasil. Origin Brasil has 1.370 employees, and a R$120mil turnover.

Copyright (c) 2000, SABI, all rights reserved.

Source: Gazeta Mercantil Page: C-5 Date: August 29, 2000 Country: Brazil Product: Computers & Auxiliary Equip Company: Origin ; Atos Event: Acquisitions & Mergers SABI (South American Business Information)

News Provided by COMTEX (http://www.comtexnews.com)

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