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Volkswagen Group and CGI deepen global collaboration

1. CGI collaborates with Volkswagen for enhanced software development capabilities. 2. This partnership aims to address rising software development demands.

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FAQ

Why Bullish?

The collaboration with Volkswagen signals growth potential and increased revenue for CGI.

How important is it?

The significance of CGI's collaboration with a major automaker like Volkswagen likely influences investor sentiment.

Why Long Term?

Partnerships in technology often yield sustained benefits over time, similar to past CGI deals.

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GIB.AGIBVWAGY
Stock Market SymbolsGIB.A (TSX) GIB (NYSE) cgi.com/newsroom Partners initiate development unit for Volkswagen Group-wide digitalization projects Goal is fast and efficient software development for new IT systems at Volkswagen Board Member at Volkswagen Group for IT, Hauke Stars: "Collaboration is a further step to secure the increasing demand for software development performance in the Volkswagen Group" MONTRÉAL, Quebec and WOLFSBURG, Germany , Feb. 17, 2025 /PRNewswire/ - The Volkswagen Group and CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, announce the deepening of their global collaboration. This move strengthens the Volkswagen Group's long-term capabilities to further expand a powerful IT infrastructure for the future.

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