Capgemini plans acquisitions in US market
Capgemini is planning a series of acquisitions to strengthen its position in the US market, its chief executive told to neytri.com.
Capgemini is the largest European IT services company by sales, but would like to join the top five US technology services providers, alongside Accenture and IBM.
“We are number 19 in the US IT services market and … we must be in the top five to be credible,” said.
Capgemini would also consider purchases in Asia and in new technologies, he said.
On Thursday, Capgemini lowered its 2009 sales outlook after posting a worst-than-expected 7.3 per cent fall in third quarter sales. The group kept its 2009 profitability target due to tight cost control.
