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CGI Acquires Pittsburgh-based Summa

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Fairfax, VA, USA, Aug. 23, 2017 -- CGI (NYSE: GIB) (TSX: GIB.A) announced the closing of its all-cash acquisition of Pittsburgh-based Summa Technologies, Inc., an IT consultancy with expertise in digital experience and agile software development, strengthening CGI's position in the technology and growth market of Pittsburgh and the surrounding region.

Summa brings skills and experience in high-growth, in-demand IT services, including mobility, agile transformation and user experience design to CGI's business in the United States. Summa brings commercial market expertise in banking and financial services, retail, manufacturing and healthcare. 



"Merging with Summa is another step toward fulfilling our strategic objective to double the size of our company through a balanced blend of organic and acquisition growth," said George D. Schindler, CGI President and Chief Executive Officer. "Summa adds capabilities, strength, and size to our U.S. business, allowing us to create additional focus in one of our target growth metros."

"CGI and Summa are a great cultural fit, with experts that are passionate problem solvers who bring trusted client relationships and a reputation for client satisfaction," said David L. Henderson, CGI President of United States. operations. "We both share a strong commitment to our professionals, a dedication to management fundamentals and a passion for excellence in execution which leads to a formidable combination of strengths."

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Posted by Veronica Silva Cusi, news correspondent
Source: CGI

Date Posted: Friday, August 25, 2017



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