Tuesday, May 28

Capgemini will Acquire Altran Technologies For $4.1 billion

Paris and Neuilly-sur-Seine, June 24, 2019 – World’s leading IT consulting company Capgemini have entered into an agreement whereby Capgemini is to acquire Altran for $4.1 billion (€3.6 billion) excluding net financial debt of €1.4 billion

The acquisition is approved by the Boards of Directors of Capgemini and Altran. Capgemini has also acquire 11% shares of Altran capital from a group of shareholders led by Apax Partners.

Paul Hermelin, Chairman and Chief Executive Officer of the Capgemini Group, said, “This proposed combination enables Capgemini to take the lead in a very promising market segment what we call ‘Intelligent Industry’ or the digital transformation of industrial and tech companies. By joining forces, we are positioning ourselves as a clear strategic partner to assist our clients in taking full advantage of the revolution created by the developments of the cloud, Edge computing, IoT, artificial intelligence and 5G. I am delighted to welcome to Capgemini the talents and leaders of Altran, who share our beliefs and corporate culture.”

Capgemini is a world leader in consulting, IT services and digital transformation. Altran is the world leading provider of Engineering and R&D services, with a portfolio of high-profile clients, extensive sector expertise and in-depth understanding of industrial business processes and operational technologies.

The combination of the two companies will create revenues of $19.35 billion and workforce will be more than 250,000 employees.

The completion of this combination is expected by the end of 2019.

займ челябинсккеш ю займзайм платиза онлайн заявка срочный займ онлайнвеб займ отзывыекапуста повторный займ