By Robb M. Stewart
CGI has struck a deal to buy French digital- and engineering-services firm Apside, building on a string of recent acquisitions for the Canadian information technology and consulting company.
CGI said Monday it signed an exclusivity agreement with Apside's main shareholders, Siparex and investment companies of Credit Agricole.
The value of the deal wasn't disclosed but remains subject to regulatory approvals and consultation with the relevant employee representative bodies. The transaction is expected to close in June.
The addition of Apside will add more than 300 clients worldwide and operations across 28 offices in six countries.
CGI Chief Executive Francois Boulanger in January said the company had plenty of cash to put toward acquisitions this year.
Last week, CGI said it had bought Quebec City-based IT consulting services company Momentum Technologies. Days earlier, CGI completed the acquisition of Novatec, a digital services company in Germany and Spain, and in late January it completed a deal to buy U.K.-based technology and engineering consultancy BJSS.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
March 31, 2025 06:58 ET (10:58 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。