CGI Inc T.GIB.A

Alternate Symbol(s): GIB

Technology Information Technology Services

CGI Inc. is an information technology (IT) and business consulting services firm. It 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. Its segments include Western and Southern Europe (France, Spain and Portugal); United States (U.S.) Commercial and State Government; Canada; U.S. Federal; Scandinavia and Central Europe (Germany, Sweden and Norway); United Kingdom (U.K.) and Australia; Finland, Poland and Baltics; Northwest and Central-East Europe (Netherlands, Denmark and Czech Republic); and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). It specializes in digital transformation, data analytics and managed services in Miami. It works with clients through a local relationship model complemented by a global delivery network. It offers digital banking solutions to the Canadian credit union sector.

TSX:GIB.A - Post by User

CGI Inc

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Post by SergeGodinon Mar 04, 2008 10:13am

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Post# 14592155

Update on T-Systems: Go Ahead for CGI

Further to the rumours from a few weeks ago, it looks like CGI is the successful bidder for T-Systems.

It sounds like CGI will be buying T-Systems, according to this report last week:

CGI TO Buy T- Systems Stake

02/25/2008

CGI Group, Inc. is looking at taking a stake in T-Systems Enterprise Services GmbH, Reuters reported. CGI will buy the stake from Deutsche Telekom AG.

https://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=2248145

T-Systems is part of Deutsche Telekom AG so I don't know if their financials are broken out and reported separately. I couldn't find it online.

Does anyone know how much TS makes in revenue? What will be the approximate size/cost of the deal?