Capgemini to acquire the North American business of Ciber

Capgemini and Ciber has announced that they have entered into an agreement pursuant to which Capgemini will acquire the North American operations of Ciber, for a total price of $50 million.

The assets to be acquired include the majority of the North American business of Ciber, covering client-focused assets, employees and operations, with revenue of $275 million. The transaction excludes certain liabilities of Ciber as well as its international operations.

The acquisition of the North American business of Ciber, a provider of technology services and IT specialists, will strengthen Capgemini’s presence in the region with key Fortune 1,000 clients in sectors such as automotive, telecom and media. The deal will increase Capgemini’s workforce by an estimated 2,000 consultants in the US and 1,000 in India...Read More