Engage ESM essentially is a "tuck in" deal for Atos. Engage ESM has roughly 140 employees, the majority of whom are based in the United Kingdom.
Atos has roughly 100,000 employees in 72 countries and positions itself as Europe's No. 1 brand for IT and digital services. Like many integrators and IT consulting firms, the company has been expanding its big data, cybersecurity and cloud services expertise.
Atos has made multiple IT and vertical market acquisitions over the past year. The company in September 2016 acquired Anthelio Healthcare Solutions for $275 million or roughly 8.5 times expected EBITDA for fiscal 2017.
ServiceNow Consulting Firm Acquisitions
Big IT consulting firms have been buying up boutique firms that focus on fast-growing SaaS platforms like Google G Suite, Microsoft Office 365, Salesforce, ServiceNow and WorkDay. Accenture, for instance, has acquired at least two firms -- Nashco Consulting and Cloud Sherpas -- with ServiceNow expertise.
Not by coincidence, ServiceNow is starting to catch on with large MSPs and global systems integrators, according to ServiceNow CEO Frank Slootman.
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