December 14, 2017

728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads

CGI acquires high-end commercial consulting firm

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

Stock Market Symbols
GIB (NYSE)
GIB.A (TSX)
www.cgi.com/newsroom

Acquisition of Paragon solidifies CGI position in U.S. Northeast corridor encompassing Greater New York City/New Jersey and Philadelphia

FAIRFAX, VA, Dec. 7, 2017 /CNW Telbec/ CGI (NYSE: GIB) (TSX: GIB.A) today announced the acquisition for all cash consideration of Paragon Solutions, Inc., a high-end commercial business consultancy with depth in health and life sciences and IT expertise in digital transformation and systems integration. Paragon strengthens CGI’s position in the key metropolitan growth region encompassing the Greater New York City/New Jersey and Philadelphia metro markets.

Through long-term relationships built by their experts, Paragon supports client organizations in delivering better business outcomes across multiple business domains, including research and development, manufacturing and their own product commercialization and enterprise support services. The Paragon transaction represents CGI’s seventh metro market acquisition over the last 15 months and the fifth in the U.S. over the last 5 quarters. Paragon adds more than 300 talented professionals to CGI in the U.S., which now represents more than 12,000 of the company’s 71,000 professionals.

“Paragon represents another step in furthering the CGI client-proximity model, deepening our presence in a major U.S. metropolitan region while expanding our end-to-end capabilities globally, particularly in life sciences,” said George D. Schindler, CGI President and Chief Executive Officer.

“Paragon adds talented health and life sciences experts to our U.S. operations and scale with facilities in the Greater New York City/New Jersey and Philadelphia metro areas,” said David L. Henderson, CGI President of U.S. operations for Commercial and State Government. “The merger with Paragon better positions CGI, locally and globally, to serve the healthcare ecosystem end-to-end for payers, providers and life sciences enterprises.”

About CGI
Founded in 1976, CGI is the fifth largest independent IT and business consulting services firm in the world. With approximately 71,000 professionals worldwide, CGI delivers an end-to-end portfolio of high-end IT and business consulting services, systems integration and IT and business process outsourcing services. CGI’s client proximity model, best-fit global delivery network, and intellectual property solutions help clients accelerate results and digitally transform their organizations. With annual revenue of C$10.8 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.

Forward-Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E

About The Author

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: