CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), has completed the previously announced acquisition of 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 complements and expands CGI’s offerings portfolio as well as relationships with critical U.S. 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).
“Aeyon’s commitment to delivery excellence and integrity aligns seamlessly with CGI’s values, culture and delivery excellence track record,” said Stephanie Mango, CGI President, U.S. Federal Market. “This merger enhances our capabilities and reinforces our shared dedication to helping our clients advance their missions.”
“I am thrilled to have our team join CGI’s talented and experienced community of professionals. The culture at CGI is a great fit for our employees,” said Aeyon Founder and CEO, Sunny Singh. “By combining our strengths, we are poised to offer an even broader range of solutions that address the evolving needs of our clients and create greater opportunity for our employees.”
“Aeyon’s advanced strategies and rapid response capabilities are built on a foundation of deep industry insight and a commitment to delivering better outcomes faster,” said Horace Blackman, CGI Senior Vice-President, responsible for CGI’s U.S. Defense, Intelligence and Space business. “The holistic expertise of our combined teams will be instrumental in accelerating clients’ critical mission outcomes to overcome the complex challenges facing federal agencies today.”
Aeyon is backed by Enlightenment Capital, a private investment firm that makes control and strategic, non-control investments in middle market companies in the Aerospace, Defense, Government & Technology (ADG&T) sector.
About CGI Federal
CGI Federal Inc. (CGI), a wholly owned U.S. operating subsidiary of CGI Inc., is dedicated to partnering with federal agencies to provide solutions for defense, civilian, healthcare, justice, intelligence, and international affairs missions. Founded in 1976, CGI Inc. is among the largest independent IT and business consulting services firms in the world. With 90,000 consultants and professionals across the globe, CGI Inc. delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI Inc. works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Inc. Fiscal 2023 reported revenue is CA$14.30 billion and CGI Inc.’s shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
