Capgemini positions itself for digital future with Altran deal
Software and consultancy company aims to tap into rising demand for research and development outsourcing as well as software and IT developments in a range of industries
25 June 2019 - 17:57
Paris — Capgemini’s share price surged on Tuesday due to the software and consultancy company’s €3.6bn takeover of smaller rival Altran to create a group with more than 250,000 staff harnessing new technologies.
Capgemini hopes to tap into the rising demand from customers for research and development outsourcing, and software and IT developments in industries ranging from telecoms to aerospace. The combined company would have annual revenue of nearly €17bn a year. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.