Reported 23 days ago
French tech firm Capgemini has announced its acquisition of IT services provider WNS for $3.3 billion, paying $76.5 per share, a 28% premium on the stock's recent price. This strategic move aims to enhance Capgemini's capabilities in AI-driven operations and solidify its position in digital business process services. With a combined revenue target of €1.9 billion in 2024, the merger is set to unlock cross-selling opportunities and strengthen client support in technology transformations, pending regulatory approvals expected to finalize by the end of 2025.
Source: YAHOO