Capgemini Group Acquires Software Architects and Expands US Operations.CHICAGO & PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. -- 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 Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. 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 according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Paul Hermelin Paul Hermelin is a French businessman. He was Dominique Strauss-Kahn's chief-of-staff in 1991, and is the current CEO of Capgemini. , Capgemini Group CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , "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 A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
"This acquisition reaffirms our commitment to expand our presence worldwide" said Luc-Fran[?]ois 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 for·ti·fy v. for·ti·fied, for·ti·fy·ing, for·ti·fies v.tr. To make strong, as: a. To strengthen and secure (a position) with fortifications. b. To reinforce by adding material. 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 USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 68 million. Software Architects, Inc. is headquartered in Chicago, IL, with offices in Cincinnati, Columbus, Dallas, Denver, Fort Lauderdale Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Houston, Indianapolis, Phoenix, Tallahassee and Tampa. More information is available at www.sark.com . About Sogeti USA Sogeti USA is a premier provider of information technology services to businesses and public-sector organizations worldwide. Operating in 19 U.S. locations, Sogeti builds strong relationships with organizations in the local business community, primarily serving Fortune 2000 organizations. As innovators with a sophisticated command of business and technology and strong project management experience, Sogeti is a leader in helping clients to develop and implement practical IT solutions to run their businesses better. Drawing on more than 35 years of global experience, Sogeti USA offers a comprehensive portfolio of services that includes Applications Management, Business Intelligence, IBM Solutions, Microsoft Solutions, Project Delivery Services and Software Control Testing. For more, visit www.us.sogeti.com About the Sogeti Group Sogeti Group (subsidiary of the Capgemini Group), leader in IT services and proximity engineering, offers a range of local professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. in High Tech Consulting and Information Technology for large companies through these three complementary areas: - High Tech, or High Tech Consulting Outsourcing Research and Development, and Innovation Advice. Scientific and technical research and development, mechanical design, development of complex systems. - Application Services, or systems integration From conception to maintenance of information systems: consulting, architecture, support, development, integration, testing and maintenance of application assets. - Infrastructure Services, or integration management and systems administration From the integration of technical infrastructures to the implementation of IT systems: consulting, technical architecture, engineering, integration, installation and administration of systems and networks, implementation management and user support. Sogeti Group has more than 16,000 professionals worldwide. For more information, go to: www.sogeti.com. About Capgemini Capgemini, one of the world's foremost providers of Consulting, Technology and Outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, which it calls the "Collaborative Business Experience". Capgemini reported 2005 global revenues of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 6,954 million and employs approximately 68,000 people worldwide. More information is available at www.capgemini.com. |
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