CGI announced the completion of its previously announced acquisition of Novatec, a leading digital services company based in Germany and Spain. This acquisition integrates over 300 IT and consulting experts from Novatec into CGI, enhancing the company's capabilities across eight offices in Germany, with a strong presence in the Stuttgart metro market, and in Granada, Spain. Novatec specializes in agile software engineering, digital products, and strategic business & IT consulting services.
The integration of Novatec's expertise is expected to strengthen CGI's presence in the automotive, manufacturing, and financial services industries. Novatec's application performance management solutions will complement CGI's existing intellectual property portfolio, enabling clients to accelerate digital innovation through new technologies such as AI. This strategic move aligns with CGI's 'Build and Buy' growth strategy, expanding its market reach and technological offerings in key European markets.
The completion of this acquisition reinforces CGI's commitment to delivering tangible results for clients by combining deep industry insight with technology expertise. The shared corporate culture, based on results-oriented intrapreneurship and innovation, is expected to facilitate a smooth integration and create additional value for clients, solidifying CGI's position as a leading IT and business consulting services firm in Europe.
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