Capgemini Buys On-Demand Purchasing Solutions Provider IBX
February 02 2010 - 3:22AM
Dow Jones News
French IT services Capgemini SA (CAP.FR) Tuesday said it has
acquired IBX Group, a Swedish specialist of purchasing software and
services.
Financial details of the transaction weren't disclosed.
Based in Stockholm, Sweden, IBX employs 240 staff in Europe and
the U.S., generating annual revenue of EUR30 million.
The transaction should be finalized by the end of February,
pending the approval of the relevant antitrust authorities,
Capgemini said.
Company web site: www.capgemini.com
-By Elena Berton, Dow Jones Newswires; +33 1 40 17 17 65;
elena.berton@dowjones.com
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