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April 6, 2011

Capgemini acquires French companies Artesys and Avantias

To recruit 4,500 new hires in France this year

By CBR Staff Writer

Capgemini has acquired two French companies, Artesys and Avantias for approximately €40m financed by the Group’s net cash.

While Artesys is a provider of IT infrastructure offering, Avantias provides enterprise content management to businesses.

Through these acquisitions, Capgemini expects to strengthen its positioning in two dynamic markets in France, and enhance its: infrastructure transformation services (ITS); and business information management (BIM).

Capgemini Group CEO Paul Hermelin said it is important that they invest in the French market, which represents more than 22% of Group revenues, and which is gradually seeing a return to growth.

"These 2 acquisitions, which are fully aligned with our strategy, position us well in terms of high added value offerings, and enable us to accompany organisations throughout the whole value chain," Hermelin said.

"Our ambition is particularly to become a global player in cloud computing on the French market and we are also planning on recruiting over 4,500 new hires in France this year, which will contribute to the Group’s growth in what is one of its more traditional markets."

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