The Channel logo

News

By | John Oates 14th June 2011 11:31

Capgemini goes French

Another acquisition

Capgemini is in advanced talks to buy Prosodie from Apax Partners and its senior managers.

The exclusive negotiations should lead to a deal that will add to earnings for the year. It is based on a value of €382m, and will be paid for from Capgemini's cash reserves.

Prosodie has 861 staff, turnover in 2010 of €172m and operating margin of 15.9 per cent. It claims number one spot in France for running multi-channel client relationships, and pre-payment systems.

It runs four data centres in France and two in Spain. Customers include telcos, government departments, utilities, banks and retailers.

Capgemini hopes to extend Prosodie's markets internationally as well as strengthening Cap's pay-as-you-go business services.

Paul Hermelin, vice-char and CEO at Capgemini, said Prosodie would be the perfect fit for his firm's growth strategy.

Prosodie, run by chairman and CEO Georges Croix, focuses on B2B business in France, Spain, Belgium and Italy.

The deal covers two recent Prosodie acquisitions - it bought Internet-Fr and Level IP, based in Milan. Both companies are internet application hosts.

Capgemini has recently bought a controlling stake in Braxis, a Brazilian reseller. ®

comment icon Read 2 comments on this article alert Send corrections

Opinion

Ship scrapyard photo via Shutterstock
Windows 10 Universal Apps
Windows 10 on Surface 3

Tim Anderson

It's do-or-die for Microsoft's new operating system on 29 July

Features

Steve Ballmer. Pic:  Aanjhan Ranganathan
Nokia is the biggest write-off yet, but it wasn't the first
Confused computer keyboard
Last Christmas, I gave you my Cloud, the very next day you gave it away
Time to pull out the magnifying glass to swot up on those Ts&Cs
Android icon desktop toys
Nice devices, now speak 'enterprise' to me