Atos is to buy Bull in an all-French IT sector deal worth 620 million euros. The move will create the top Europe-based cloud computing company and a major player in cybersecurity.<br /><br />Atos said the deal would enhance its offerings in manufacturing, healthcare and the public sector and reinforce its footprint mainly in France but also in other countries.<br /><br />The combined companies could now leap to become the second fastest-growing in the industry by revenue behind US based Amazon and ahead of Microsoft.<br /><br />At 4.90 euros a share the agreed offer represents a 30 percent premium to the three-month weighted average share price of Bull.
