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CGI completed the acquisition of SCISYS Group for £78.9m.

Synopsis

CGI, an independent information technology company, completed the acquisition of SCISYS Group, a developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom solutions and advanced technology solutions, for £78.9m ($103m). "CGI's offer to merge its operations with those of SCISYS is aligned to our Build and Buy strategy, providing opportunities to expand our industry depth in space, defense, government and media in the UK and Germany. SCISYS' industry-leading expertise and IP-based services and solutions will provide an opportunity to globalize certain platforms utilizing the broader CGI geographic footprint and client relationships." George Schindler, CGI President and CEO.

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