CGI Group
CGI Group Inc.,Conseillers en gestion et informatique more commonly known as CGI, is a global information technology (IT) consulting, systems integration, outsourcing, and solutions company headquartered in Montreal, Canada. Founded in 1976 by Serge Godin and André Imbeau as an IT consulting firm, the company soon began branching into new markets and acquiring other companies. CGI went public in 1986 with a primary listing on the Toronto Stock Exchange. CGI is also a constituent of the S&P/TSX 60, and has a secondary listing on the New York Stock Exchange. After almost doubling in size with the 1998 acquisition of Bell Sygma, CGI acquired IMRGlobal in 2001 for $438 million, which added "global delivery options" for CGI. Other significant purchases include American Management Systems (AMS) for $858 million in 2004, which grew CGI's presence in the United States, Europe and Australia and led to the formation of the CGI Federal division.
CGI Federal's 2010 acquisition of Stanley, Inc. for $1.07 billion almost doubled CGI's presence in the United States, and expanded CGI into defense and intelligence contracts. In 2012 CGI acquired Logica for $2.7 billion Canadian, making CGI the fifth-largest independent business processes and IT services provider in the world, and the biggest tech firm in Canada. In 2014 CGI ranked No. 974 on the Forbes Forbes Global 2000, which ranks the world's largest public companies. At the time CGI had assets worth USD $11.1 billion, annual sales of $9.9 billion, and a market value of $9.6 billion. As of 2015 CGI is based in forty countries with around 400 offices, and employs approximately 65,000 people. Canada made up 15% of CGI's client base of March 2015. 29% was in the United States, while around 40% of their commissions came from Europe. 15% was the rest of the world.
