CGI completes acquisition of SCISYS

Acquisition will add more than 670 professionals to CGI

The IT and business consulting services firm CGI announced the completion of the previously announced acquisition by its wholly owned indirect subsidiary CGI Group Holdings Europe Limited of the entire issued and to be issued share capital of SCISYS.

Source: CGI

Dublin-based SCISYS operates in several sectors, with deep expertise and industry leading solutions in the space and defence sectors, as well as in the media and broadcast news industries. This acquisition of SCISYS will add more than 670 to CGI. Predominantly based in the UK and Germany, SCISYS will complement CGI's strong capabilities and client relationships in these countries.

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 77,500 consultants and other 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. With Fiscal 2019 reported revenue of C$12.1 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).

www.cgi.com