French services outfit Atos told to pay $855m in trade secret pinching case

French services outfit Atos has been ordered to pay $855m for pinching a rival’s trade secrets. The source of the case is Syntel, an automation outfit that Atos acquired for $3.4bn back in 2018. Atos bought Syntel despite knowing it was embroiled in a dispute with a company called TriZetto, which provides healthcare services …

[Pascal Monett]

Atos should have waited

Hindsight is 20/20, I know, but in this case Atos jumped the gun and will now be bitten. Somebody did not properly estimate the risks associated with the trial, or perhaps it was deemed preferable to buy the company anyway, use its assets and worry about the trial later.

Well, later is now, and now your acquisition is costing you 25% more.

I hope it was worth it but, since you are a multinational with, apparently, billions in the bank, I won't be too worried either.

[Anonymous Coward]

Re: Atos should have waited

"Use its assets" someone should ask Atos how that's going?

[Doctor Syntax]

"Atos bought Syntel despite knowing it was embroiled in a dispute"

There's their problem.

[Insert sadsack pun here]

Is the PDF link in the fifth or sixth para working for anyone? It's just taking me to an image of a rather fine vulture.

https://www.theregister.com/Design/graphics/std/default.jpg

[Anonymous Coward]

@Insert sadsack pun here

Doesn't appear to be. I got sent to this page with a picture of, well, I don't know what it is a picture of.

Cheers.. Ishy

https://www.theregister.com/Design/graphics/std/default.jpg

[Anonymous Coward]

Atos Schmatos

"... not supported by the evidence presented during the trial or the applicable law". I think you are supposed to show that before the verdict, not after...

As a long-term customer (it was Bull at the time, which Atos took over), I observe that the technical support is still OK (though possibly more overstretched than before), but the sales force is useless and the management psychopathic. Probably a different vendor next time round.