CGI enters into an agreement for the acquisition of Novatec, a leading digital services firm in Germany and Spain
CGI (NYSE: GIB) has announced an agreement to acquire Novatec, an IT services firm specializing in agile software engineering and digital consulting services. The acquisition, signed on January 29, 2025, will bring more than 300 IT experts from eight German offices and Granada, Spain, strengthening CGI's presence in the manufacturing and financial services sectors, particularly in the automotive industry.
Novatec, founded in 1996, provides digital strategies, cloud-based solutions, and digital product development services. The company's expertise in application performance management will complement CGI's existing solution portfolio, particularly in AI technologies. The transaction is expected to close in March 2025, subject to regulatory approvals.
The acquisition will give Novatec's clients access to CGI's global capabilities, network of delivery centers, and comprehensive services. CGI currently operates across 26 offices in Germany, implementing a proximity-based business model.
CGI (NYSE: GIB) ha annunciato un accordo per acquisire Novatec, un'azienda di servizi IT specializzata in ingegneria del software agile e servizi di consulenza digitale. L'acquisizione, firmata il 29 gennaio 2025, porterà oltre 300 esperti IT da otto uffici in Germania e da Granada, Spagna, rafforzando la presenza di CGI nei settori della manifattura e dei servizi finanziari, in particolare nell'industria automobilistica.
Fondata nel 1996, Novatec fornisce strategie digitali, soluzioni basate sul cloud e servizi di sviluppo di prodotti digitali. L'esperienza della compagnia nella gestione delle prestazioni delle applicazioni completerà il portafoglio di soluzioni di CGI, in particolare nelle tecnologie AI. La transazione dovrebbe concludersi a marzo 2025, subordinata alle approvazioni normative.
L'acquisizione offrirà ai clienti di Novatec accesso alle capacità globali di CGI, alla rete di centri di consegna e ai servizi completi. Attualmente, CGI opera in 26 uffici in Germania, implementando un modello di business basato sulla prossimità.
CGI (NYSE: GIB) ha anunciado un acuerdo para adquirir Novatec, una empresa de servicios de TI especializada en ingeniería de software ágil y servicios de consultoría digital. La adquisición, firmada el 29 de enero de 2025, traerá más de 300 expertos en TI de ocho oficinas en Alemania y Granada, España, fortaleciendo la presencia de CGI en los sectores de manufactura y servicios financieros, particularmente en la industria automotriz.
Fundada en 1996, Novatec proporciona estrategias digitales, soluciones en la nube y servicios de desarrollo de productos digitales. La experiencia de la empresa en gestión del rendimiento de aplicaciones complementará el portafolio de soluciones existente de CGI, especialmente en tecnologías de IA. La transacción se espera que se cierre en marzo de 2025, sujeta a aprobaciones regulatorias.
La adquisición dará a los clientes de Novatec acceso a las capacidades globales de CGI, a su red de centros de entrega y a servicios integrales. En la actualidad, CGI opera en 26 oficinas en Alemania, implementando un modelo de negocio basado en la proximidad.
CGI (NYSE: GIB)는 Novatec를 인수하는 계약을 발표했습니다. Novatec는 애자일 소프트웨어 엔지니어링 및 디지털 컨설팅 서비스에 특화된 IT 서비스 회사입니다. 2025년 1월 29일에 체결된 이번 인수는 독일의 8개 사무소와 스페인 그라나다에서 300명 이상의 IT 전문가를 영입하여 CGI가 제조업 및 금융 서비스 부문, 특히 자동차 산업에서의 입지를 강화할 것입니다.
1996년에 설립된 Novatec는 디지털 전략, 클라우드 기반 솔루션 및 디지털 제품 개발 서비스를 제공합니다. 애플리케이션 성능 관리에 대한 회사의 전문성은 CGI의 기존 솔루션 포트폴리오에, 특히 AI 기술에 보탬이 될 것입니다. 거래는 2025년 3월에 마무리될 것으로 예상되며, 규제 승인을 받는 조건입니다.
이번 인수를 통해 Novatec의 고객들은 CGI의 글로벌 역량, 배송 센터 네트워크 및 포괄적인 서비스에 접근할 수 있게 됩니다. 현재 CGI는 독일에 26개 사무소를 운영하며, 근접 기반 비즈니스 모델을 구현하고 있습니다.
CGI (NYSE: GIB) a annoncé un accord pour acquérir Novatec, une société de services informatiques spécialisée dans l'ingénierie logicielle agile et les services de conseil numérique. L'acquisition, signée le 29 janvier 2025, apportera plus de 300 experts en informatique de huit bureaux en Allemagne et de Grenade, en Espagne, renforçant la présence de CGI dans les secteurs de la fabrication et des services financiers, en particulier dans l'industrie automobile.
Fondée en 1996, Novatec propose des stratégies numériques, des solutions basées sur le cloud et des services de développement de produits numériques. L'expertise de l'entreprise en gestion de la performance des applications viendra compléter le portefeuille de solutions existant de CGI, notamment dans les technologies d'IA. La transaction devrait être finalisée en mars 2025, sous réserve des approbations réglementaires.
L'acquisition offrira aux clients de Novatec un accès aux capacités mondiales de CGI, à son réseau de centres de livraison et à des services complets. Actuellement, CGI opère dans 26 bureaux en Allemagne, mettant en œuvre un modèle commercial basé sur la proximité.
CGI (NYSE: GIB) hat eine Vereinbarung zum Erwerb von Novatec bekannt gegeben, einem IT-Dienstleistungsunternehmen, das auf agile Softwareentwicklung und digitale Beratungsdienste spezialisiert ist. Die Übernahme, die am 29. Januar 2025 unterzeichnet wurde, wird mehr als 300 IT-Experten aus acht Büros in Deutschland und Granada, Spanien, einbringen und die Präsenz von CGI in den Bereichen Fertigung und Finanzdienstleistungen, insbesondere in der Automobilindustrie, stärken.
Novatec, gegründet 1996, bietet digitale Strategien, cloudbasierte Lösungen und digitale Produktentwicklung an. Die Expertise des Unternehmens im Bereich Anwendungsleistungsmanagement wird das bestehende Lösungsspektrum von CGI, insbesondere in den KI-Technologien, ergänzen. Der Abschluss der Transaktion wird im März 2025 erwartet, vorbehaltlich der behördlichen Genehmigungen.
Durch die Übernahme erhalten die Kunden von Novatec Zugang zu den globalen Kapazitäten von CGI, zu einem Netzwerk von Dienstleistungszentren und umfassenden Dienstleistungen. CGI betreibt derzeit 26 Büros in Deutschland und setzt ein näheorientiertes Geschäftsmodell um.
- Acquisition adds 300+ skilled IT and consulting experts to CGI's workforce
- Expands geographical presence in Southern Germany and Spain
- Strengthens capabilities in automotive, manufacturing, and financial services sectors
- Enhances solution portfolio with Novatec's application performance management products
- Increases market presence in the growing e-mobility sector
- None.
Insights
This strategic acquisition marks a significant expansion of CGI's European operations, particularly strengthening its presence in the important Southern German market. The addition of Novatec's 300+ IT specialists brings valuable expertise in agile software engineering and digital product development, specifically enhancing CGI's capabilities in the thriving e-mobility sector.
The strategic value of this acquisition is multifaceted. First, the Stuttgart metro market focus is particularly noteworthy, as this region represents Germany's automotive heartland, housing major manufacturers and their supplier networks. This geographic positioning will enable CGI to deepen its relationships with key automotive clients during a critical industry transformation period toward electric and digital mobility.
The timing of this acquisition is strategic, coinciding with the automotive industry's accelerated digital transformation and the shift toward e-mobility solutions. Novatec's expertise in application performance management complements CGI's existing AI capabilities, positioning the combined entity to better serve clients navigating complex digital transformations.
From an integration perspective, the cultural alignment between both companies, particularly their shared emphasis on entrepreneurship and local community engagement, suggests a smoother post-merger integration process. The complementary nature of their service offerings - Novatec's specialized digital product development capabilities and CGI's global delivery network - creates significant cross-selling opportunities.
This acquisition demonstrates CGI's commitment to strategic growth through targeted acquisitions that enhance both geographic presence and technical capabilities. The deal strengthens CGI's competitive position in key European markets while adding specialized expertise in high-growth sectors like e-mobility and digital product development.
Acquisition will strengthen CGI's presence in the automotive, manufacturing and financial services sectors in
Stock Market Symbols
GIB (NYSE)
GIB.A (TSX)
www.cgi.com/newsroom
Founded in 1996, Novatec serves enterprise clients through a wide range of IT consulting and software development services, including digital strategies, cloud-based solutions and digital product development. Novatec's product solutions in application performance management will complement CGI's existing solution portfolio that enables clients to accelerate digital innovation through new technologies such as AI.
"By combining the expertise of Novatec and CGI, we will drive additional business value for our clients in the automotive, manufacturing, and financial services industries," said Ralf Bauer, CGI President of
CGI's acquisition of Novatec will enable Novatec clients to gain access to CGI's global capabilities, network of delivery centers, and breadth of end-to-end services and solutions. Both companies are strongly guided by an ownership-driven mentality of outcome-oriented intrapreneurship, innovation and accountability in the local communities where employees live and work.
"With CGI, we found a company aligned with our own principles and culture, which was highly important for us in taking the next step forward," said Michael Schuchart, Novatec Founder and Managing Director. "We are glad to see an excellent match between both companies based on the local proximity model of CGI and a wide range of opportunities for us to expand our joint portfolio for the benefit of our clients."
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
View original content:https://www.prnewswire.com/news-releases/cgi-enters-into-an-agreement-for-the-acquisition-of-novatec-a-leading-digital-services-firm-in-germany-and-spain-302363956.html
SOURCE CGI Inc.
FAQ
When will CGI's acquisition of Novatec be completed?
How many employees will join CGI through the Novatec acquisition?
What industries will benefit from CGI's acquisition of Novatec (GIB)?
What services does Novatec bring to CGI's portfolio?
How many offices does CGI have in Germany after the Novatec acquisition?
