2023: Debt-ridden French IT firm Atos, Paris Olympics tech partner, reports €3.4B net loss due to asset writedowns, assures no Olympic impact.

Debt-ridden French IT firm Atos, the tech partner for the Paris Olympics, reported a net loss of €3.4 billion ($3.7 billion) in 2023 due to asset writedowns. Despite its financial struggles, Atos has secured its role in managing the Olympics by providing cybersecurity, data transmission, and accreditation services. The company aims to restructure its debt by July and has assured that its financial issues will not impact the upcoming Olympic Games, which are expected to face cyberattacks.

March 26, 2024
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