Atos gets a reprieve with restructure plan from Onepoint consortium 2024-06-11[theregister.co.uk] Too bad shareholders, as this will mean pain for them...
Atos has opted for a bailout proposal led by its largest shareholder Onepoint to put the company on a firmer financial footing with the injection of capital and a plan to transform it over the next five years. Details >
Atos delays sign-off on 2023 finances as it weighs restructure offers 2024-05-22[theregister.co.uk] Energy billionaire Daniel Křetínský reportedly looking at ways to sway creditors
Ailing IT giant Atos has delayed approval of its financial statements for 2023 until the end of this year as it continues efforts to restructure, which have seen renewed interest from billionaire suitor Daniel Křetínský. Details >
French IT behemoth Atos facing calls for nationalization as it tries to restructure 2023-10-24[theregister.co.uk] Politicians fear sale will place critical infrastructure in hands of foreign company
Troubled French IT giant Atos is facing more difficulties following calls for the company to be nationalized on security grounds, resulting in its share price plunging to the lowest level in two decades. Details >
MariaDB ditches products and staff in restructure, bags $26.5M loan to cushion fall 2023-10-13[theregister.co.uk] Strategic DBaaS and distributed back end jettisoned after years of promotion
MariaDB is ditching strategic products and cutting 28 percent of the workforce as it struggles to overcome the financial challenges its faced since floating on the stock market. The company also announced access to a new $26.5 million loan facility. Details >
Unity closes offices, cancels town hall after threat in wake of runtime fee restructure 2023-09-15[theregister.co.uk] Backlash has spilled offline and into potential violence
The backlash against Unity runtime fees has been so extreme that the game engine company felt the need to cancel a town hall meeting and close two offices after receiving a "threat," reportedly from an employee. Details >
