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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. Atos is still discussing the sale of Tech Foundations with EP Equity Investment.

Capital 581
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Step 1 to becoming a business-savvy CIO

CIO

Business alignment is often heralded as a key tenet of successful IT strategies. Popular ways of ensuring IT efforts align with business goals range from co-developing strategic plans with executives on the business side of the company to actively collaborating with business users on projects aimed to derive more value from their efforts.

Business 622
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VMware customers take wait-and-see approach amid Broadcom changes

CIO

When tech giant Broadcom acquired virtualization market leader VMware last October, it restructured licensing terms, laid off thousands of employees, and terminated partner agreements with resellers and service providers. But Somerset Capital runs its developer environment in house using VMware. “As Do we go with something else?’”

Capital 710
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Accenture buys supply chain firm to expand Oracle business

CIO

Accenture on Wednesday said that it was acquiring US-based supply chain management (SCM) software provider Inspirage for an undisclosed amount to expand its Oracle-focused business. Accenture, which has been an Oracle partner for more than 30 years, has been on an acquisition spree to expand its Oracle business over the last few years.

Business 615
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The Role of Network as a Service (NaaS) in Supporting Business Agility through an Asset-Lite Model

CIO

By: Amrita Shergill, Account Manager, NaaS and Ecosystem Sales. COVID-19’s disruption of traditional business models has paved the way for long overdue business operational changes. Due to these tough conditions, organizations required working capital to keep the lights on.

Business 572
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Atos receives four offers of help

CIO

The loss-making IT services company is struggling to repay or reschedule its debts and has been looking for new sources of capital for almost two years , including the sale of various parts of the company, so far without success. Atos has given itself a month to choose between the offers. of the company.

Capital 517
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Snowflake Summit: How Capital One Uses ZoomInfo to Modernize its GTM

Zoominfo

When your business is serving the incredibly diverse array of mid-market companies in the U.S., The information you need for effective go-to-market is out there. That’s the problem Capital One’s Commercial Banking business faced before it partnered with ZoomInfo. And that resulted in massive ROI.”

Capital 130