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IT services company Atos finalizes plan for IBM-style split

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AUGUST 1, 2023

billion; its net loss increased slightly to €600 million, from €503 million a year earlier. Atos had planned to divide into two publicly listed companies, but on August 1 announced it is taking a different route. It also had the healthier operating margin, 5.3% compared to Tech Foundations’ 2.5%.

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News in Networking: The Best Network Speeds, Cuba’s DIY Internet, and the Cost of Automation

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Mitel to Buy ShoreTel for $430M to Create Unified Communications Powerhouse (TechCrunch) Telecommunications company and UC provider Mitel is buying competitor ShoreTel. The company announced its expanding into 15 data centers across the globe. That will change with 5G — but likely not until 2020.

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