CGI Completes Strategic Acquisition of Apside
CGI is proud to announce the successful acquisition of Apside, a prominent provider known for its digital and engineering services. This acquisition marks a significant milestone for CGI and demonstrates a commitment to strengthening its capabilities within the industry.
Expansion of Services and Expertise
Apside operates in various countries and is recognized for its extensive expertise in multiple sectors including manufacturing, finance, and public services. With strong technological capabilities in key areas such as data management, artificial intelligence, cloud solutions, and cybersecurity, Apside is positioned to enhance CGI's service offerings significantly.
Strengthening Presence in Key Markets
Following the acquisition, CGI further solidifies its foothold in Europe and introduces advanced service delivery in regions such as Morocco. This strategic move aims to boost CGI's manufacturing and financial service capabilities, allowing for a broader range of solutions for its clients.
Welcoming New Talent to the CGI Team
With over 2,500 professionals joining the CGI family through this acquisition, which includes almost 2,200 dedicated individuals from Apside in France, CGI is excited about the influx of talent and knowledge. This expansion is expected to not only bolster CGI's operations but also foster innovation across its service offerings.
Values and Cultural Alignment
Caroline de Grandmaison, President of CGI's France operations, expressed her enthusiasm by stating, "We are delighted to welcome Apside's talented team to CGI. Our companies share a culture and common values focused on innovation, responsibility, commitment, and putting our employees at the heart of everything we do. By combining our strengths, we are enriching our technology offering and strengthening our ability to support our clients in their most complex transformations." This shared vision and commitment to client success are pivotal in driving future strategies.
About CGI
Established in 1976, CGI stands as one of the largest independent IT and business consulting services firms worldwide. Currently, CGI employs around 93,000 professionals globally, delivering a comprehensive range of services from strategic IT consulting to systems integration. The firm's emphasis on a local relationship model, combined with a global delivery network, is designed to aid clients in digital transformation endeavors and achieve operational excellence. In the latest fiscal report, CGI recorded revenue of CA$14.68 billion, affirming its strong market presence and continued growth. CGI shares are traded on both the TSX under the ticker symbol GIB.A and on the NYSE as GIB.
Frequently Asked Questions
What does CGI aim to achieve with the acquisition of Apside?
The acquisition aims to strengthen CGI's digital and engineering capabilities, enriching service offerings and enhancing client support.
How many professionals has CGI gained through the Apside acquisition?
CGI has gained over 2,500 professionals, with nearly 2,200 coming from Apside in France.
What industries does Apside serve?
Apside serves various sectors, including manufacturing, finance, and public services, showcasing a diverse expertise.
What is CGI's market presence?
CGI is among the largest independent IT and business consulting firms with a notable global presence and significant annual revenue.
What are CGI's stock ticker symbols?
CGI has stock listings on the TSX as GIB.A and on the NYSE as GIB.
