Tag Archives: CGI

CGI to Buy TeraThink; George Schindler, Tim Hurlebaus Quoted

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CGI (NYSE: GIB) has agreed to acquire Reston, Va.-based information technology and management consulting firm TeraThink for an undisclosed sum as part of efforts to expand its enterprise application services for federal government clients. The transaction is expected to be finalized by the end of March and will allow CGI Federal to build up its consulting capabilities and incorporate TeraThink’s data analytics, application development and agile enablement capabilities into its IT offerings portfolio, CGI said Wednesday.

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Former Fulcrum Exec Ken Diller Takes Chief Growth Officer, EVP Roles at Intrepid

Ken Diller, formerly vice president of corporate development at Fulcrum IT Services, has been appointed executive VP and chief growth office of Intrepid Solutions and Services. He will oversee Intrepid's efforts to grow operations and offerings for the intelligence and national security sectors, as well as help execute its strategy for mergers and acquisitions, the company said Tuesday.

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Carahsoft, Grant Thornton Receive Federal Payroll Modernization Task Orders; GSA’s Emily Murphy Quoted

Two teams led by Carahsoft Technology and Grant Thornton have received task orders under the General Services Administration’s potential $2.5B NewPay blanket purchase agreement to modernize payroll processing systems that support more than 2.2M federal civilian workers.

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CGI Acquires Sunflower Systems, Leidos Secures $445M Contract, Executive Moves & Weekly Top 10 Stories

CGI announced on Tuesday that it acquired Annams Systems Corp., doing business as Sunflower Systems, a provider of asset management software products and services. The merger strengthens CGI’s position serving the needs of commercial entities and federal government agencies, including universities, law enforcement, national laboratories and other organizations.  “CGI’s merger …

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Weekly Roundup: Capital One Acquires KippsDeSanto; Lockheed Martin, CGI Federal and Amyx Secure Big Contracts; Bell Obtains FAA Certification and Weekly Top 10 Stories

This week, Capital One signed an agreement to acquire KippsDeSanto & Co., a leading investment banking firm focused on serving growth-oriented aerospace/defense, government services and technology companies.  “Joining Capital One was a natural next step in the growth plan for us at KippsDeSanto,” said Kevin DeSanto, co-founder and managing director …

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CGI Awarded Position on $127M HUD Software Modernization BPA; Tim Hurlebaus Quoted

CGI (NYSE: GIB) has won a spot on a potential five-year, $127M blanket purchase agreement to update software applications for a government corporation under the Department of Housing and Urban Development. The BPA, which has one base year plus four one-year options, covers work to help the HUD’s Government National Mortgage Association, or Ginnie Mae, modernize a suite of apps used to process loan applications, CGI said Tuesday.

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