Altran Technologies

Altran Technologies is the French consulting company. She offers clients of service in the field of research and development (R&D) and also engineering and design works.

History

2019: Capgemini purchased Altran for €3.6 billion

On June 24, 2019 Capgemini announced acquisition of Altran for 3.6 billion euros. The buyer will pay 14 euros for each stock of the absorbed consulting company that is 22% higher than a quotation rate to closing of the exchange before the declaration of merge of the French companies.

Capgemini expects that the transaction which is going to be closed until the end of 2019 will lead to significant savings of means and will increase its earning per share more than by 25% to the 2023rd.

Capgemini purchased consulting company Altran for €3.6 billion

According to the CRN edition with reference to the presentation for investors of Capgemini, the united company will become the world leader in the field of consulting, IT, R&D and engineering project works.

Capgemini will become the leading supplier of service in the field of engineering and Research and Development for such industries as aeronautics, defense, telecommunications, semiconductors and electronics and also will be included into the five of the best suppliers of similar services for automotive industry.

The complementarity and power of our joint business and technology experience are really outstanding assets. Having combined efforts, we becomes the obvious strategic partner who will help our clients to earn from the revolution created by cloud developments, peripheral calculations, Internet of Things, artificial intelligence and a 5G networks fully — the CEO the CEO of Capgemini Paul Hermelin said.

Number of staff of the united company will total more than 54 thousand people from whom 21 thousand will work in global development centers. It is expected that about 31% of revenue of the new company will fall on North America.^[1]

Notes