Capgemini Buys Strategic Systems Solutions
June 16 2010 - 1:07PM
Dow Jones News
French information technology services company Capgemini SA
(CAP.FR) Wednesday said it has acquired all of U.K.-based Strategic
Systems Solutions to boost its presence in the capital markets
sector.
Capgemini, which prior to the buy already owned 49% of Strategic
Systems Solutions, said the acquisition will also strengthen the
group's presence in the Asia-Pacific region.
Strategic Systems Solutions is an IT services and business
process outsourcing firm focused on the financial services
industry. It employs around 670 people in the U.K., U.S.,
Singapore, China and the Philippines, Capgemini said in a
statement.
No financial details of the deal were provided.
-By Ruth Bender, Dow Jones Newswires; +33 1 40 17 17 54;
ruth.bender@dowjones.com
Capgemini (PK) (USOTC:CGEMY)
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