Atos Buys Data Analytics Specialist Maven Wave
December 23 2019
French IT services consultancy Atos has agreed to acquire US-based Maven Wave, which specializes in data analytics and machine learning in hybrid and multi-cloud platforms. Terms of the deal have not been disclosed.
Headquartered in Chicago, Maven Wave’s capabilities use data science to uncover competitive insights. The firm also offers marketing analytics services for segmentation, lead scoring, targeting, and churn and attribution analysis; and it conducts geospatial analytics using Google’s cloud. The company has more than 330 employees and will generate approximately $130m revenues in 2019.
Atos says that the deal will strengthen its own Google cloud partnership in North America, and in the more than twenty countries where the alliance is operating. Maven Wave founders Brian Farrar, Jason Lee and Jeff Lee comment: ‘Our strategic partnership with Google, the unbound imagination of our people, and our enduring ambition to build an industry- leading digital transformation firm will only be accelerated by the combination we are announcing today. Atos offers an impressive global platform of technology assets and deep expertise enabling clients to drive digital capabilities at an entirely new scale and speed, while providing our people with exciting new challenges and career growth’.