Atos has agreed to acquire Maven Wave, a Chicago-based business and technology consulting firm specializing in delivering digital transformation solutions for large enterprises. The company is a leading Google Cloud premier partner with eight cloud partner specializations and recognized as the Google Cloud North America Services Partner of the year in both 2018 and 2019.
The purchase is intended to embed Maven Wave’s strengths in building digital solutions using cloud-based applications, data analytics and machine learning in hybrid and multi-cloud platforms with Atos’ leadership in hybrid cloud, SAP HANA, application modernization and transformation, digital workplace, IoT and analytics.
“The acquisition of Maven Wave, coupled with the capabilities from our Syntel acquisition in 2018, strengthens our global leadership position delivering Google Cloud solutions,” Atos CEO Elie Girard said in a statement. “Further, as the company’s largest region, Atos North America now has a potent combination to further accelerate the transformation of its business as we deepen the development and delivery speed of digital services for our customers. Atos will also allow Maven Wave to extend its excellence into Europe and other regions of the Group. Finally, Maven Wave perfectly represents the company’s acquisition strategy, by reinforcing a key expertise of the group to serve its organic growth acceleration.”
Maven Wave has grown to more than 330 employees and expects to generate approximately $130 million revenue in 2019.
The closing of the transaction is expected to take place in Q1 2020.