NEWS20 February 2020

Capgemini acquires Advectas

Data analytics Europe M&A News

SWEDEN/FRANCE – Tech and digital transformation consulting firm, Capgemini, has bought Scandinavian business intelligence and data science company, Advectas, for an undisclosed amount.

Following the purchase, Advectas’ more than 200 employees will join Capgemini’s insights & data global business line, to help meet growing client demand for Capgemini’s business intelligence and data analytics services across the region.

Founded in Sweden in 2006, Advectas has offices in Stockholm, Copenhagen, Gothenburg and Malmö. Client projects include business intelligence solutions; data management and data science services; consulting, planning and simulation.

Zhiwei Jiang, CEO of the insights & data global business line at Capgemini, said: “Over the past 13 years Advectas, a well-known player in the Scandinavian market, has built up a strong competency in the analytics space through the outstanding quality of its people and high calibre of its client base. Advectas brings to Capgemini a further presence in cities across Sweden and Denmark, a strong track record in helping clients to monetise data, as well as deep and significant relationships in the Scandinavian business intelligence space.”   

Stefan Olsson, CEO and president of Advectas, added: We had reached a stage where our large clients wanted to expand and evolve our solutions for their global marketplaces. By joining Capgemini, we will be able to offer them this scale along with many other integrated digital and cloud-based capabilities.”

@RESEARCH LIVE

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