Atos Group has agreed to sell its South American operations to Semantix, a Brazilian company. The deal includes 2,800 employees in Brazil, Argentina, Chile, Colombia, Uruguay, and Peru. This move is part of Atos Group’s Genesis transformation plan to boost growth and profitability. The focus will be on core geographies and assets like artificial intelligence and cloud services. Nelson Campelo will lead Semantix as CEO, with Leonardo Santos Poça D’água as Executive Chairman. The transaction is set to close in the coming months pending final conditions.

Read more at Nasdaq MarketSite: Atos Signs Binding Deal To Sell South American Business To Brazil’s Semantix