News : CGI Acquires Pittsburgh-based Summa
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.
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"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."
Posted by Veronica Silva Cusi, news correspondent
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About CGI Group:
At CGI, we are in the business of satisfying clients. For more than 35 years, we've partnered with U.S. defense, civilian and intelligence agencies to support their mission-essential needs at every stage of program, product and business lifecycle. As a global leader in information technology, our portfolio of services is customizable to meet the unique needs of our federal clients. We deliver end-to-end services and solutions including application management, infrastructure management, systems integration and consulting, business process services, and cloud computing.
Published: Friday, August 25, 2017