Stock Market Symbols
GIB.A
(TSX)
GIB (NYSE)
cgi.com/newsroom
MONTRÉAL,
Canada LEINFELDEN-ECHTERDINGEN, Germany and GRANADA, Spain, March 21,
2025 /CNW/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the
largest independent IT and business consulting services firms in
the world, has completed the previously announced acquisition of
Novatec by its wholly owned limited partnership, CGI Deutschland
B.V. & Co. KG.
Novatec is a leading digital services company in Germany and Spain. Founded in 1996, it offers a wide range
of business and IT consulting services, including cloud-based
solutions, agile products, software development and digital
strategies. Novatec's application performance management solutions
will complement CGI's existing intellectual property portfolio and
enable clients to accelerate digital innovation through the use of
new technologies such as AI.
"CGI and Novatec share a corporate culture based on
results-oriented intrapreneurship, innovation and a high degree of
accountability and ownership. The experts joining us from Novatec
are problem solvers and, like us, are focused on delivering
tangible results for clients," said Ralf
Bauer, CGI President of Germany operations. "Together, we can create
additional value for our clients in the automotive, manufacturing
and financial services industries, turning digital innovation into
business value."
"The expertise that Novatec contributes to our team will
complement CGI's local and global capabilities, strengthening our
technology expertise and industry insights through new offerings to
clients," adds Alberto Anaya, Senior
Vice-President and Business Unit Leader for CGI Spain.
More than 300 IT and consulting experts from across Novatec have
now joined CGI from across eight offices in Germany, with a strong presence in the
Stuttgart metro market and the
South-West region, as well as from Granada, Spain.
About CGI
Founded in 1976, CGI is among the largest independent IT and
business consulting services firms in the world. With 91,000
consultants and professionals across the globe, CGI delivers an
end-to-end portfolio of capabilities, from strategic IT and
business consulting to systems integration, managed IT and business
process services and intellectual property solutions. CGI works
with clients through a local relationship model complemented by a
global delivery network that helps clients digitally transform
their organizations and accelerate results. CGI Fiscal 2024
reported revenue is CA$14.68 billion and CGI shares are listed on
the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
View original
content:https://www.prnewswire.com/news-releases/cgi-completes-novatec-acquisition-strengthening-its-european-presence-in-key-commercial-industry-sectors-302407508.html
SOURCE CGI Inc.
