Atos has received a non-binding offer from the French government to acquire its advanced computing activities for an enterprise value of around $521 million.

The French government has made an offer to buy parts of Atos SE it considers to be strategic for an enterprise value of €500 million ($524 million) and potentially up to €625 million including earnouts,

French IT firm Atos has entered negotiations with the government over the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million), it said on Monday.

Atos has received a non-binding offer from the French government to acquire its advanced computing activities for an enterprise value of around $521 million.

France has entered negotiations with the struggling French IT firm Atos to potentially acquire its advanced computing activities for €500m.

French IT firm Atos on Monday entered negotiations with the government for the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million), the group said in a press release.

The French government offered to buy Atos SE’s advanced computing assets for as much as €625 million ($653 million) after an earlier offer from the state expired.Most Read from BloombergNYC's Underground Steam System May Be Key to a Greener FutureIn Kansas City,

The ailing French IT service provider Atos is about to sell its high-performance computing division to the French state.

Atos has received a non-binding offer from the French government to acquire its advanced computing activities for an enterprise value of around $521 million.

French IT firm Atos on Monday entered negotiations with the government for the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million). The target is to have a share purchase agreement signed by May 31,