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

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.

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,

Atos, which secures communications for the French military and secret services and manufactures servers to make supercomputers, is undergoing a restructuring to tackle its large debt.