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CGI enters into an agreement for the acquisition of Comarch Polska SA, a leading IT company in Poland
Prnewswire· 2025-10-22 14:01
Core Viewpoint - CGI is set to enhance its presence in Poland and the public sector through the acquisition of Comarch Polska SA, which is subject to regulatory approvals and customary closing conditions [1][2]. Company Overview - CGI is one of the largest independent IT and business consulting services firms globally, with 93,000 professionals and reported revenue of CA$14.68 billion for fiscal 2024 [6]. Acquisition Details - The acquisition will add over 460 IT and business consulting professionals to CGI, increasing its workforce in Poland and the Baltic States to approximately 1,500 [2]. - Comarch Polska specializes in IT solutions for public administration, including ERP solutions and digital process management tools, and has been operational since 1993 [3]. Strategic Implications - The merger is expected to deepen CGI's public sector expertise and facilitate knowledge transfer, enhancing the implementation of CGI's intellectual property for public administration agencies [3][4]. - CGI aims to leverage its expertise in AI to improve public services and state administration effectiveness [4]. Leadership Insights - François Boulanger, CGI President and CEO, emphasized the acquisition's role in strengthening CGI's public sector capabilities and accelerating growth in Poland, a digitally advanced region [3]. - Comarch's CEO highlighted the acquisition as a testament to the competitiveness of their solutions in international markets and a signal to strengthen their key business lines [4].
Accenture: Undervalued Despite Its AI Leadership
Seeking Alpha· 2025-07-18 15:05
Core Insights - Accenture is a technology company that specializes in consulting and managed services, providing a wide range of digital services globally [1] Company Overview - Accenture operates in 52 countries and has a significant workforce, indicating its extensive global reach and operational capacity [1]