Atos appeals court ruling in Syntel case

Atos has announced that it filed an appeal on May 19 with the U.S. Court of Appeals for the Second Circuit against the revised final judgment issued on April 29 in the ongoing litigation between Syntel and TriZetto, a subsidiary of Cognizant.

As a reminder, the U.S. District Court for the Southern District of New York ordered Atos and its subsidiary Syntel to pay 297.9 million USD (approximately 255.7 million EUR) to TriZetto, in accordance with its prior ruling issued on March 27, 2026.

To obtain a stay of execution of the revised final judgment, Atos has posted a bond for an amount equal to the full sum awarded by the judgment, plus post-judgment interest, in compliance with applicable procedural requirements.

This bond is secured by a cash deposit of 290 million USD (approximately 249 million EUR), representing an additional 203 million USD (approximately 174 million EUR) over the amount already on deposit in connection with this litigation.

The French IT services group (which acquired Syntel in 2018, following the commencement of proceedings initiated in 2015) confirms that this decision has no significant adverse impact on its assets, operations, cash flow, or financial position.