Capgemini Group acquires Software Architects and expands US operations
Chicago - Paris, February 8, 2007 – Capgemini, one of the world's foremost providers of Consulting, Technology and Outsourcing services, today announced that they have entered into a definitive agreement for the acquisition of the U.S company Software Architects Inc., provider of information technology consulting services, whose operations will be integrated into those of Sogeti USA. The transaction is subject to customary closing conditions, including the approval of Software Architects’ shareholders and anti-trust clearance.
According to Paul Hermelin, Capgemini Group CEO, “After the announcement of the acquisition of Kanbay International, this new acquisition confirms the Group’s dynamism, and particularly that of its subsidiary, Sogeti, and reaffirms our commitment to strengthening our positioning in the US market.”
Software Architects’s core competency is built on four domains: project management, architecture, technology and business requirements definition. The company also has a strong focus on Microsoft and IBM technology solutions and is a “Microsoft Gold Certified Partner” and an “IBM Premier Business Partner”. Like Sogeti, the company has a local branch business model, offering fast, flexible, high value services to clients.
“This acquisition reaffirms our commitment to expand our presence worldwide” said Luc-François Salvador, Chairman of the Sogeti Group. Added Navin Goel, CEO of Sogeti USA: “We believe that by joining forces with the Software Architects team, we will be able to fortify our geographical presence in key US cities and establish a gateway into new cities like Tampa and Phoenix. At the same time, it will enable us to further strengthen our positioning as a premier provider of high value solutions in key local markets.”
Together, Sogeti USA and Software Architects will employ 2,000 people in 24 cities
About Software Architects
Software Architects, Inc. is a leading provider of information technology consulting services. The company has vast experience in delivering customized solutions designed for Fortune 500 and middle-market companies. Founded in 1978, Software Architects is an independent company with more than 500 employees and consultants in offices nationwide. The company reported 2006 global revenues around USD 68 million.
Software Architects, Inc. is headquartered in Chicago, IL, with offices in Cincinnati, Columbus, Dallas, Denver, Fort Lauderdale, Houston, Indianapolis, Phoenix, Tallahassee and Tampa.
More information is available at www.sark.com .
