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CGI completes acquisition of UK-based BJSS, deepening its presence across key commercial industries and public sector

1. CGI acquired BJSS boosting cloud and AI offerings. 2. BJSS brings 2400 professionals to CGI's global network. 3. UK presence expands with over 8500 employees now integrated. 4. Acquisition supports growth in commercial and public sector consulting.

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FAQ

Why Bullish?

The acquisition is expected to drive future revenue synergies and strengthen competitive positioning. Historical examples like Accenture’s digital expansions have led to improved market sentiment.

How important is it?

The deal significantly bolsters CGI's digital consulting offerings, implying enhanced future earnings and stronger market positioning.

Why Long Term?

Integration benefits will develop over time, enhancing service capabilities and market reach in the coming years.

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Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom , /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) has completed its previously announced acquisition of BJSS, a leading UK-based technology and engineering consultancy. The acquisition aligns with CGI's strategy to expand its consulting-led services and drive innovation in cloud, AI, data analytics, and software engineering for commercial and public sector clients. "We are really pleased to welcome all of the new joiners from BJSS, whose deep expertise in digital engineering enhances CGI's collective ability to deliver industry-leading technology solutions and advisory services to clients across the UK," said Tara McGeehan, President, CGI UK & Australia. "With the integration of BJSS's deep technical expertise and strong market presence, CGI continues to strengthen its ability to help clients navigate complex digital transformations, accelerate innovation and achieve measurable outcomes aligned with their strategic goals." BJSS's 2,400 professionals will bring complementary skills and experience to CGI's global network of 91,000 consultants and professionals, bringing the number of CGI employees located in the UK to over 8,500. The integration of BJSS into CGI's UK operations will enable expanded service offerings and deeper collaboration with clients, particularly in the retail, financial services, healthcare, energy, and public sectors. About CGI Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 91,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2024 reported revenue is CA$14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.  SOURCE CGI Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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