Capgemini has acquired Quantmetry, a data modeling and AI technology consulting firm. Financial terms of the deal were not disclosed.
This is technology M&A deal number 929 covered by ChannelE2E so far in 2022. See more than 2,000 technology M&A deals involving MSPs, MSSPs, and IT service providers listed here.
Capgemini acquires Quantmetry
Capgemini, based in Paris, France, has more than 350,000 employees in more than 50 countries. The global IT and business consulting firm generated revenues of approximately €18 billion (US$18.27 billion) in 2021.
Quantmetry, founded in 2011, is based in Paris, France. The company has 164 employees listed on LinkedIn. Quantmetry’s areas of expertise include data mining, big data, machine learning, business intelligence, machine learning, computer vision, Python, NLP, time-series, AI product, advanced AI, AI strategy, data, data science, data strategy, innovation and startup studio.
Quantmetry will be housed in Capgemini Invent, the company’s digital innovation, design and transformation brand, and the companies said the acquisition will increase Capgemini’s AI and data consulting expertise and expand their footprint in France.
Mathieu Dougados, managing partner, Capgemini Invent, France
Jeremy Harroch, founder and CEO, Quantmetry
Mathieu Dougados, managing director, Capgemini Invent, France, commented on the news:
“A significant part of our business is specifically in this area. Quantmetry brings specialist skills to Capgemini Invent along with business and sector expertise that is highly complementary to those already existing within the Group, with excellent synergy. Our teams share the same values and the same ambition to execute meaningful projects. This new team will allow us to be even stronger in maintenance services especially in our Data for Net Zero offering. With Quantmetry, we’re strengthening our ability to deliver high-impact transformation programs.”
Jeremy Harroch, CEO and founder of Quantmetry, added:
“We look forward to being part of Capgemini and continuing to build our expertise and values within the Group, as well as growing our people and delivering exemplary and impactful projects to our clients. Our consultants, engineers and researchers are able to put our R&D and machine learning expertise at the heart of an ecosystem of excellence. We are committed to promoting the ethical use of mathematics for business decision-making and for the common good, in a pioneering spirit.”
Capgemini’s M&A activity
Capgemini has remained active in the M&A market, acquiring IT consulting firms, MSPs and MSSPs worldwide. Many of the deals include Salesforce CRM and Mulesoft, SAP, ServiceNow and Microsoft Dynamics 365 expertise. Some recent acquisitions by Capgemini include:
October 2022: Braincourt, a specialist in business intelligence and data science services and Quorsus, a UK-based financial services consultancy.
September 2022: Aodigy Asia Pacific of Singapore and Knowledge Expert of Geneva for Salesforce cloud consulting and Pega low-code application development expertise.
June 2022: Rufus Leonard, a design and brand experience agency based in London, UK.
May 2022: Chappuis Halder & Cie, a global strategy and management consulting firm specializing in financial services.