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Acquisition deepens CGI's data and business
intelligence capabilities
MONTRÉAL, March 25,
2025 /CNW/ - CGI (TSX: GIB.A) (NYSE: GIB),
one of the largest independent IT and business consulting services
firms in the world, today announced the acquisition of Momentum
Technologies, a Québec City based IT consulting services company,
specializing in data analytics and business intelligence.
More than 250 highly skilled consultants and professionals will
join CGI, deepening the company's local presence and capacity to
serve clients across the public sector and several commercial
industries such as health and insurance.
"On behalf of CGI, we extend a warm welcome to the talented
professionals from Momentum Technologies," says Michael Godin, President of CGI's operations in
Canada. "Our organizations share
similar values, expertise and a steadfast commitment to delivering
exceptional services, aimed at driving tangible business outcomes
for our clients. This marks the beginning of an exciting journey,
where our combined strengths will unlock new opportunities to
partner with our clients."
"With this acquisition, we are further strengthening our
presence in Québec City," says Jalil El Mejjad, Senior
Vice-President, Québec City, CGI. "Momentum Technologies has built
an impressive reputation in this market for delivering high-quality
services. This is also a natural evolution of our historically
strong collaborations with Momentum Technologies over the years. By
blending our expertise, we are enhancing our ability to serve our
clients with an even broader range of AI capabilities to provide
deeper insights and stronger analytics that enable clients to drive
smarter decision-making."
"Momentum Technologies has always been driven by a commitment to
excellence, innovation and strong client relationships," says
Mohamed Guetat, President, Momentum
Technologies. "Joining forces with CGI is an exciting chapter that
aligns with our culture, values and vision for the future. As part
of a larger organization with extensive resources and global reach,
we will be able to provide even greater opportunities for our
talented professionals, and enhanced solutions for our
clients."
Founded in 2003, Momentum Technologies is recognized as a
leading local provider of innovative solutions that drive digital
transformation and operational efficiency for businesses across
various industries, including public sector. The company also
specializes in managed services, cloud computing, and enterprise
software development, empowering organizations with scalable,
secure, and customized technology solutions.
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.
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content:https://www.prnewswire.com/news-releases/cgi-expands-its-presence-in-quebec-city-with-the-acquisition-of-momentum-technologies-302411221.html
SOURCE CGI Inc.
