CGI Inc.
 | |
| Company type | Public |
|---|---|
| TSX: GIB.A NYSE: GIB | |
| Industry | IT services, IT consulting |
| Founded | June 1976 |
| Founder | Serge Godin, André Imbeau and Jean Brassard |
| Headquarters | , |
Area served | Worldwide |
Key people | Serge Godin (Executive Chairman) Michael E. Roach (President and CEO) |
| Services | IT, business consulting and outsourcing services |
| Revenue | CAD$10.2 billion (2012) |
| CAD$438 million (2011) | |
| Total assets | CAD$10.5 billion (2011) |
| Total equity | CAD$3.4 billion (2011) |
Number of employees | 71,000 (2012)[1] |
| Website | www |
CGI Group Inc. is a North American multinational information technology (IT) consulting, systems integration, outsourcing and solutions company headquartered in Montreal, Canada. It was founded in 1976 by Serge Godin, André Imbeau and Jean Brassard. In August 2012, CGI acquired the British IT services company Logica for $2.8 billion, making it the sixth-largest IT services provider in the world.[2] CGI employs approximately 69,000 professionals in over 400 offices across 40 countries.
CGI has a primary listing on the Toronto Stock Exchange and is a constituent of the S&P/TSX Composite Index. It has a secondary listing on the New York Stock Exchange. CGI is included in the Forbes Global 2000 ranking of the 2,000 largest public companies in the world.[3]
Name
CGI stands for Conseillers en Gestion et Informatique in French, which translates to "Information Systems and Management Consultants," in English. However, the official English meaning is "Consultants to Government and Industry."[4]
History
CGI was founded by Serge Godin in June 1976 in Québec City, Canada.[5] In 2004, CGI purchased the majority of American Management Systems (AMS), acquiring the commercial business and all government business not related to national defense. In May 2010, CGI announced the acquisition of Stanley, Inc., for an enterprise value of approximately $1.07 billion.[6] In August 2010, CGI finalized the acquisition of Stanley.[7]
CGI is one of four primary Recovery Audit Contractors, established by the Tax Relief and Health Care Act of 2006, responsible for auditing region B.[8]
In May 2012 CGI agreed to acquire the United Kingdom-based computer services company Logica for £1.7 billion in cash.[9][10] The acquisition was completed on 20 August 2012.[11]
Services
Services provided by CGI include:
- Application Management;
- Business Process Services;
- TESTING
- Infrastructure Management;
- Systems integration and consulting; and
- Cloud computing.
References
- ^ "Company overview". Retrieved 24 August 2012.
- ^ "CGI acquisition makes it a giant". Times Colonist. 1 June 2012. Retrieved 24 August 2012.
- ^ The Global 2000
- ^ Integrating into CGI
- ^ "Our History" (PDF). CGI Group. Retrieved 26 August 2012.
- ^ CGI Group to acquire Stanley for $1.07bn
- ^ "CGI's Acquisition of Stanley Finalized". GovConWire. Retrieved 24 August 2012.
- ^ "Overview: Recovery Audit Contractor". Centers for Medicare and Medicaid Services. Retrieved 26 February 2011.
- ^ "Logica agrees £1.7bn takeover by Canada's CGI". The Telegraph. 31 May 2012. Retrieved 31 May 2012.
- ^ "Logica agrees to be bought by Canadian rival CGI". BBC News. 31 May 2012. Retrieved 31 May 2012.
- ^ "CGI Group closes $2.67B deal for UK-based Logica". Bloomberg Businessweek. 20 August 2012. Retrieved 20 August 2012.
External links
- Companies listed on the New York Stock Exchange
- Companies listed on the Toronto Stock Exchange
- International information technology consulting firms
- Information technology consulting firms
- Companies established in 1976
- Companies based in Montreal
- Management consulting firms
- S&P/TSX Composite Index
- Outsourcing companies
- ICT service providers
- Call centre companies