Capgemini - History

History

Capgemini was founded by Serge Kampf in 1967 as an enterprise management and data processing company. The company was inaugurated as the Société pour la Gestion de l'Entreprise et le Traitement de l'Information (Sogeti).

• In 1973 Sogeti acquired a majority stake in its major European IT services competitor, CAP.
• In 1974 Sogeti acquired Gemini Computers Systems, a US company based in New York.
• In 1975, following the two major acquisitions of CAP and Gemini Computer Systems, Sogeti renamed itself as CAP Gemini Sogeti.
• In 1981, Cap Gemini Sogeti launched US operations following the acquisition of Milwaukee-based DASD Corporation, specializing in data conversion and employing 500 people in 20 branches throughout the US. Following this acquisition, The U.S. Operation was known as Cap Gemini DASD.
• In 1986, Cap Gemini Sogeti acquired the consulting division of US-based CGA Computer to create Cap Gemini America.
• In 1991, Gemini Consulting was formed through the integration of two management consulting firms (United Research and The MAC group).
• In 1995, the Center for Business Innovation at Cap Gemini was transformed from an institutional university model to a networked research capability under the leadership of its Director Christopher Meyer (author)
• In 1996, the name was simplified to Cap Gemini with a new group logo. All operating companies worldwide were re-branded to operate as Cap Gemini.
• In 2000, Cap Gemini acquired Ernst & Young Consulting. It simultaneously integrated Gemini Consulting to form Cap Gemini Ernst & Young.
• In 2002, Cap Gemini re-launched its Sogeti brand, creating a new legal entity bearing the original name of the company, headquartered in Brussels, Belgium. The new company is focused on delivering IT services to a more limited range of markets.
• In 2003, the firm acquired Transiciel and merged the two practices into Sogeti-Transiciel (later consolidated within Sogeti in 2006).
• In April 2004, the Group reverted to Capgemini (its current name).
• In the summer of 2005, due to heavy financial losses, Capgemini sold its North American healthcare consulting practice, including both payer and provider practices, to Accenture but retains its life sciences practice.
• In August 2006, Capgemini acquired Future Engineering.
• In September 2006, Capgemini acquired a 51% shareholding in Unilever India Shared Services Limited (Indigo), a provider of financial shared services and Sarbanes-Oxley compliance services to the global Unilever Group. Indigo has operating centres in Bangalore and Chennai and employs approximately 600 staff.
• In October 2006, Capgemini agreed to acquire Kanbay International for US$1.2 billion in cash ($29 per share). The acquisition increased Capgemini's India staff to 12,000+(which is grown to 26,000+ in mere 4 years of time) employees. The current India employee strength on 23 October 2012 is 40,000 The acquisition was completed on 8 February 2007.
• On 8 February 2007, Capgemini announced the acquisition of Software Architects, a US-based consulting company, to expand its US business.
• On 25 July 2008, Capgemini announced the acquisition of Getronics PinkRoccade Business Applications Services BV of the Netherlands. The acquisition amounted to an equity value of €255 million paid in cash.
• In October 2008, Capgemini acquires UK Test specialist Vizuri.
• In November 2008, Capgemini acquires Empire and Sophia Solutions to reinforce its presence in Eastern Europe.
• In September 2009, Capgemini Australia acquires Nu Solutions; bolsters software testing expertise.
• In February 2010, Capgemini announced the acquisition of IBX.
• In June 2010, Capgemini announced the acquisition of Strategic Systems Solutions, a small company specializing in the capital markets.
• In June 2010, Capgemini announced the acquisition of Plaisir Informatique, a French company specializing in complex data migrations in the banking and insurance sector.
• In September 2010, Capgemini announced the acquisition of CPM Braxis, the largest Brazilian IT consultant company.
• In November 2010, Capgemini announced that it has acquired the India-based IT services company, Thesys Technologies Private Limited (“Thesys”), a Temenos-Certified Services Partner that provides banking implementation solutions to the global financial services industry.
• In December 2010, Capgemini Acquires German IT-Services Provider CS Consulting GmbH.
• In February 2011, Cheshire Police Authority signed a framework agreement with Capgemini for IT services to support back-office policing activities. The framework would include technology to enable shared services. It is expected to generate savings of £40 million for Cheshire Constabulary over ten years.
• In February 2011, Capgemini got a $63 million three-year contract to provide support to smart meters for Canada’s utility BC Hydro in British Columbia.
• In March 2011, Capgemini secured a £100 million contract with BAA to takeover its ‘core IT services.’
• In April 2011, Capgemini acquired two French companies, Artesys, a provider of IT infrastructure offering, and Avantias, a provider of enterprise content management to businesses.
• In June 2011, Capgemini finalized its acquisition of Prosodie, the multi-channel services operator.
• In June 2011, Capgemini completed its first acquisition in China, Praxis Technology, a utility industry specialist.
• In July 2011, Capgemini acquired the Italian IT services provider AIVE Group.