Capgemini Acquires U.S.-Based BI Consulting Group

French IT services group Capgemini SA (CAP.FR) said Thursday it has acquired Minneapolis-based BI Consulting Group (BICG), a leading full-service technology consultancy for customers who purchase Oracle Business Intelligence and Enterprise Performance Management technologies.

MAIN FACTS:

- BICG's offerings include implementation, support, education and software enhancement services.

-This move follows the acquisition of another business information management company - Avantias- in France and will reinforce Capgemini's BIM positioning in North America and contribute to its overall growth program, Capgemini said.

-The acquisition will be financed by the Capgemini's net cash. The contract was signed Wednesday and the acquisition is expected to be completed shortly.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; art.mooradian@dowjones.com

Capgemini (PK) (USOTC:CGEMY)
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