The transaction proceeds consist of €400 million in cash and a fixed number of 19.3 million of Atos Origin common shares, representing appoximately 29% of the common shares outstanding of Atos Origin.

Schlumberger is retaining the strategic activities of IT services for the oil and gas industry and the operations that provide connectivity with the upstream oil and gas business. Additionally, it is retaining specific SchlumbergerSema businesses, which are in the process of divestiture, including Business Continuity, Infodata, and Telecom Software Products.