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CGI Strengthens Digital Capabilities Through New Acquisition

CGI Strengthens Digital Capabilities Through New Acquisition

CGI Expands Its Reach into Winnipeg

CGI is excited to announce its latest strategic acquisition, which enhances its presence in Winnipeg and broadens its Canadian operations. By bringing onboard Online Business Systems, a notable IT consulting firm, CGI is set to strengthen its digital transformation, artificial intelligence (AI), and cybersecurity capabilities.

Benefits of the Acquisition

Founded in 1986, Online Business Systems has developed a remarkable reputation for aiding organizations in modernizing their operations. Their expertise allows businesses to boost performance and elevate customer experience through the application of innovation and technology. With this acquisition, over 350 highly skilled professionals from Online Business Systems will join CGI's team across Canada and the United States, expanding the firm's talented workforce significantly.

Michael Godin, President of CGI Canada, expressed enthusiasm about welcoming Online Business Systems' professionals, stating, "This acquisition significantly strengthens our presence in Winnipeg, and Online Business Systems' local expertise in digital transformation, cybersecurity, and AI further enhances CGI's portfolio of services and solutions." This integration marks a crucial step in CGI's mission to extend its reach among enterprise clients across Canada and the United States.

Enhanced Service Offerings

The addition of Online Business Systems opens new doors for CGI. Their clients will now have access to CGI's extensive global expertise, delivery network, and a comprehensive suite of services and solutions that will bolster their digital transformation efforts. This move aligns with CGI's strategy of fostering strong local relationships while leveraging global expertise, enabling clients to accelerate innovation and improve operational performance to achieve measurable outcomes.

Commitment to Excellence

Charles Loewen, the founder of Online Business Systems, shared insights on the acquisition, noting a solid cultural alignment between both firms. He stated, "We have always been guided by a strong commitment to excellence, innovation, and long-term client partnerships," emphasizing that the partnership with CGI will benefit both their clients and team members.

This acquisition not only augments CGI's service offerings but also illustrates their strategic vision of combining local relationships with global know-how to assist clients in navigating their digital journeys effectively.

CGI’s Overview and Future Outlook

CGI, established in 1976, stands as one of the largest independent IT and business consulting services companies globally. With a talented workforce of approximately 94,000 consultants and professionals, CGI provides a vast range of services that encompass IT consulting, systems integration, managed IT, and business process services.

As CGI continues to deliver results and grow in the digital landscape, the company reported an impressive fiscal 2025 revenue of $15.91 billion. Listed on the TSX as GIB.A and on the NYSE as GIB, CGI maintains a strong presence in the industry and aims to help clients transform their organizations through innovative solutions.

Community Impact

With the acquisition of Online Business Systems, CGI not only aims to uplift its operational capabilities but also to positively impact the communities it serves. By fostering a diverse and skilled workforce, CGI is poised to create job opportunities and contribute to the local economy, reinforcing its commitment to being a responsible corporate citizen.

Frequently Asked Questions

What is the significance of CGI's acquisition of Online Business Systems?

This acquisition strengthens CGI's presence in Winnipeg and enhances its capabilities in digital transformation, AI, and cybersecurity.

How many professionals are joining CGI through this acquisition?

Over 350 highly skilled professionals from Online Business Systems will join CGI across Canada and the United States.

What does this acquisition mean for Online Business Systems' clients?

Clients will gain access to CGI's global expertise and a broader suite of services to aid their digital transformation efforts.

When was CGI founded?

CGI was founded in 1976 and has since grown into one of the largest independent IT and business consulting services firms worldwide.

What is CGI's fiscal 2025 reported revenue?

CGI reported a revenue of $15.91 billion for fiscal 2025.

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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