Xerox Completes Sale of ITO Business to Atos


On June 30, Xerox announced the completion of the sale of its Information Technology Outsourcing (ITO) business to French digital services company Atos, an agreement it first announced late last year (see “Xerox Sells Information Technology Outsourcing Business to Atos”).The agreement was for $1.05 billion and included additional consideration of $50 million subject to the

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