CGI Finalizes Acquisition of Apside to Enhance Digital Services in Europe

CGI Completes Apside Acquisition: A New Chapter in Digital and Engineering Services

In a significant move within the tech industry, CGI, one of the most prominent independent IT and business consulting firms globally, has finalized its acquisition of Apside. This French company stands out as a leader in digital and engineering services, known for its deep expertise across various sectors including manufacturing, finance, insurance, and public administration.

The acquisition, which was originally announced earlier, solidifies CGI's footprint not only in France but also in other European nations like Belgium and Switzerland, as well as extending to regions such as Morocco and Portugal. This strategic expansion is aimed at boosting CGI's capabilities in manufacturing and financial services and is expected to enhance the company’s ability to support clients in navigating complex transformations in an increasingly digital world.

Apside is recognized for its advanced technological competencies in critical areas such as artificial intelligence, cloud computing, and cybersecurity. The integration of Apside’s knowledge and resources into CGI's offerings is anticipated to create significant synergies. With this acquisition, more than 2,500 professionals from Apside will now form part of CGI, with nearly 2,200 based in France, collectively reinforcing CGI’s workforce.

Caroline de Grandmaison, president of CGI's operations in France, expressed her enthusiasm upon welcoming Apside’s talented team. She emphasized the shared cultural values between CGI and Apside, focusing on innovation, responsibility, and a commitment to prioritizing employees. De Grandmaison articulated the vision of combining both companies' strengths to enrich their technology offerings and optimize support for clients undergoing their most intricate transformations.

Founded in 1976, CGI has built a reputation as a top provider of IT and business consulting services, providing a comprehensive portfolio that spans from strategic IT consulting to systems integration and managed IT services. With a global presence that includes over 93,000 consultants, CGI is equipped to help clients realize their digital transformation goals effectively.

The financial implications of this acquisition underscore CGI's robust growth model. For the fiscal year 2024, CGI reported revenues of approximately CA$14.68 billion, showcasing its continued upward trajectory and strategic investments in expanding service offerings across various sectors. With Apside now under its wing, CGI is well-positioned to accelerate its growth in the European market and beyond, catering to an ever-evolving client landscape focused on digital excellence.

For more information about this acquisition and CGI's extensive services, visit cgi.com.

In conclusion, CGI's acquisition of Apside marks a pivotal moment in the tech landscape, reflecting ongoing trends in digitalization and the convergence of IT and engineering services. As CGI continues to expand its capabilities and expertise, it remains committed to driving innovation and delivering exceptional value to its clients, setting the stage for further growth and success in the digital age.