CGI completes Novatec acquisition, strengthening its European presence in key commercial industry sectors
CGI (TSX: GIB.A) (NYSE: GIB) has completed its acquisition of Novatec, a leading digital services company in Germany and Spain. Founded in 1996, Novatec specializes in business and IT consulting services, including cloud-based solutions, agile products, software development, and digital strategies.
The acquisition brings over 300 IT and consulting experts from eight German offices, primarily in the Stuttgart metro market and South-West region, as well as from Granada, Spain. Novatec's application performance management solutions will enhance CGI's intellectual property portfolio and support clients in accelerating digital innovation through AI technologies.
The merger aims to create additional value for clients in the automotive, manufacturing, and financial services industries, combining both companies' expertise in digital innovation and business transformation.
CGI (TSX: GIB.A) (NYSE: GIB) ha completato l'acquisizione di Novatec, una delle principali aziende di servizi digitali in Germania e Spagna. Fondata nel 1996, Novatec si specializza in servizi di consulenza aziendale e IT, comprese soluzioni basate sul cloud, prodotti agili, sviluppo software e strategie digitali.
L'acquisizione porta oltre 300 esperti IT e di consulenza da otto uffici in Germania, principalmente nel mercato metropolitano di Stoccarda e nella regione sud-occidentale, oltre che da Granada, Spagna. Le soluzioni di gestione delle prestazioni delle applicazioni di Novatec arricchiranno il portafoglio di proprietà intellettuale di CGI e supporteranno i clienti nell'accelerare l'innovazione digitale attraverso tecnologie AI.
La fusione mira a creare ulteriore valore per i clienti nei settori automotive, manifatturiero e servizi finanziari, combinando l'expertise di entrambe le aziende nell'innovazione digitale e nella trasformazione aziendale.
CGI (TSX: GIB.A) (NYSE: GIB) ha completado la adquisición de Novatec, una empresa líder en servicios digitales en Alemania y España. Fundada en 1996, Novatec se especializa en servicios de consultoría empresarial y de TI, incluyendo soluciones basadas en la nube, productos ágiles, desarrollo de software y estrategias digitales.
La adquisición aporta más de 300 expertos en TI y consultoría de ocho oficinas en Alemania, principalmente en el mercado metropolitano de Stuttgart y la región suroeste, así como de Granada, España. Las soluciones de gestión del rendimiento de aplicaciones de Novatec mejorarán el portafolio de propiedad intelectual de CGI y apoyarán a los clientes en la aceleración de la innovación digital a través de tecnologías de IA.
La fusión tiene como objetivo crear valor adicional para los clientes en las industrias de automoción, manufactura y servicios financieros, combinando la experiencia de ambas empresas en innovación digital y transformación empresarial.
CGI (TSX: GIB.A) (NYSE: GIB)는 독일과 스페인에서 선도적인 디지털 서비스 회사인 Novatec의 인수를 완료했습니다. 1996년에 설립된 Novatec는 클라우드 기반 솔루션, 애자일 제품, 소프트웨어 개발 및 디지털 전략을 포함한 비즈니스 및 IT 컨설팅 서비스에 특화되어 있습니다.
이번 인수로 인해 주로 슈투트가르트 대도시 시장과 남서부 지역에 있는 독일의 8개 사무소에서 300명 이상의 IT 및 컨설팅 전문가가 합류하게 되었으며, 스페인 그라나다에서도 전문가들이 참여합니다. Novatec의 애플리케이션 성능 관리 솔루션은 CGI의 지적 재산 포트폴리오를 강화하고 AI 기술을 통해 고객의 디지털 혁신을 가속화하는 데 도움을 줄 것입니다.
이번 합병은 자동차, 제조 및 금융 서비스 산업의 고객에게 추가 가치를 창출하는 것을 목표로 하며, 두 회사의 디지털 혁신 및 비즈니스 변혁에 대한 전문성을 결합합니다.
CGI (TSX: GIB.A) (NYSE: GIB) a finalisé l'acquisition de Novatec, une entreprise leader dans les services numériques en Allemagne et en Espagne. Fondée en 1996, Novatec se spécialise dans les services de conseil aux entreprises et en informatique, incluant des solutions basées sur le cloud, des produits agiles, le développement de logiciels et des stratégies numériques.
L'acquisition apporte plus de 300 experts en informatique et en conseil provenant de huit bureaux en Allemagne, principalement sur le marché métropolitain de Stuttgart et dans la région sud-ouest, ainsi que de Grenade, en Espagne. Les solutions de gestion de la performance des applications de Novatec renforceront le portefeuille de propriété intellectuelle de CGI et aideront les clients à accélérer l'innovation numérique grâce aux technologies d'IA.
La fusion vise à créer une valeur ajoutée pour les clients dans les secteurs de l'automobile, de la fabrication et des services financiers, en combinant l'expertise des deux entreprises en matière d'innovation numérique et de transformation des entreprises.
CGI (TSX: GIB.A) (NYSE: GIB) hat die Übernahme von Novatec, einem führenden Unternehmen für digitale Dienstleistungen in Deutschland und Spanien, abgeschlossen. Novatec wurde 1996 gegründet und spezialisiert sich auf Unternehmens- und IT-Beratung, einschließlich cloudbasierter Lösungen, agiler Produkte, Softwareentwicklung und digitaler Strategien.
Die Übernahme bringt über 300 IT- und Beratungsexperten aus acht deutschen Büros, hauptsächlich aus dem Großraum Stuttgart und der Südwestregion, sowie aus Granada, Spanien, mit sich. Die Lösungen zur Leistungsmanagement von Anwendungen von Novatec werden das geistige Eigentum von CGI erweitern und den Kunden helfen, digitale Innovationen durch KI-Technologien zu beschleunigen.
Die Fusion zielt darauf ab, zusätzlichen Wert für Kunden in den Branchen Automobil, Fertigung und Finanzdienstleistungen zu schaffen, indem die Expertise beider Unternehmen in digitaler Innovation und Geschäftstransformation kombiniert wird.
- Strategic expansion in key European markets (Germany and Spain)
- Addition of 300+ IT and consulting experts to workforce
- Enhancement of intellectual property portfolio with new performance management solutions
- Strengthening of capabilities in automotive, manufacturing, and financial services sectors
- None.
Insights
CGI's completed acquisition of Novatec represents a strategic expansion of both geographic reach and technical capabilities in key European markets. By adding over 300 IT specialists across nine offices in Germany and Spain, CGI strengthens its presence particularly in the Stuttgart region - a critical hub for automotive and manufacturing industries. This positions CGI to better serve clients in these high-value sectors.
The acquisition enhances CGI's intellectual property portfolio with Novatec's application performance management solutions, which will likely improve CGI's ability to deliver AI-enhanced services to clients. This technical capability expansion is particularly valuable as enterprises increasingly focus on optimizing cloud environments and accelerating digital innovation.
The repeated emphasis on cultural alignment between the organizations suggests thorough due diligence on the human capital aspects of this transaction, which typically increases the likelihood of successful integration and talent retention. Both companies highlight shared values around "results-oriented intrapreneurship" and client accountability.
While financial terms weren't disclosed, preventing assessment of valuation metrics, the transaction aligns with CGI's established "build and buy" growth strategy of making targeted acquisitions that bring both specialized capabilities and market presence. The focus on complementary technical capabilities creates cross-selling opportunities that could generate returns beyond the simple addition of consulting staff.
This acquisition strategically bolsters CGI's competitive positioning in the European IT services market, particularly for the automotive, manufacturing, and financial services sectors - all industries experiencing significant digital transformation demands. The Stuttgart metro market presence is especially valuable given the concentration of major automotive and industrial companies in this region.
Novatec's application performance management solutions significantly enhance CGI's proprietary IP portfolio, which should improve service margins compared to purely labor-based offerings. These specialized tools address growing enterprise needs for optimizing complex hybrid cloud environments and application performance while controlling costs - particularly important as organizations implement AI technologies.
The Granada, Spain location provides CGI with additional nearshore delivery capabilities for European clients seeking cost-effective implementation resources, strengthening CGI's delivery network across Europe. This geographic expansion improves CGI's ability to serve multinational clients with diverse European operations.
The technical synergies appear more substantial than the 300-person headcount addition might suggest, particularly if CGI effectively scales Novatec's IP across its broader client base. This acquisition strengthens CGI's ability to compete against both global system integrators and specialized regional players in the European digital services market, particularly for cloud, software development, and AI implementation projects.
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Novatec is a leading digital services company in
"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
"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
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
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SOURCE CGI Inc.
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