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CGI announces intent to acquire Aeyon for expansion of offerings portfolio and presence across U.S. Government agency missions

Newswire.ca - Tue Jul 30, 3:15PM CDT

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www.cgi.com/newsroom

FAIRFAX, Va., July 30, 2024 /CNW/ - CGI Federal Inc. (CGI), the wholly-owned U.S. operating subsidiary of leading global IT and business consulting services firm CGI Inc. (TSX: GIB.A) (NYSE: GIB), today announced its intent to acquire Aeyon, a leader in digital transformation and Artificial Intelligence (AI) technologies, including data management, analytics and intelligent automation for the U.S. Federal Government. The acquisition further complements and expands CGI Federal's offerings portfolio as well as relationships with critical national security clients, such as the Office of the Secretary of Defense, multiple branches and agencies of the U.S. military, the Federal Aviation Administration (FAA) and the National Aeronautics and Space Administration (NASA). The parties entered into a definitive purchase agreement on June 22, 2024, relating to the transaction, which is expected to close in the fourth quarter of CGI's fiscal year 2024, subject to regulatory approvals and other customary closing conditions.

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