Capgemini Australia, a subsidiary of the Capgemini Group, one of the world’s foremost providers of Consulting, Technology and Outsourcing services, today announced it has reached an agreement in principle to acquire Australian software testing company Nu Solutions. The acquisition positions Capgemini Australia as a leader in the managed testing services market. Capgemini Australia will inherit Nu Solutions’ strong client base in the financial services sector, and reinforce its growing links with the Australian Government.
Under the terms of the agreement, Nu Solutions’ 75 testing consultants in the company’s Sydney and Melbourne offices will be fully absorbed into Capgemini Australia, to form a dedicated division branded Capgemini Testing Services.
Nu Solutions’ Sales Director, Nick Finlayson, commented, “The synergy between our two companies has already been proven through strong working relationships on a number of client projects over the past two years. It will allow us to combine Capgemini’s skills, training, methodology and Rightshore® delivery model with Nu Solutions’ expert team of consultants, to provide an unparalleled range of high-value testing services to our customers.”
Salil Parekh, a member of Capgemini Group Executive Committee in charge of Financial Services, India and Asia Pacific, said, “With more than 7,000 testing specialists across the globe, Capgemini has the largest software testing practice in the world. The opportunity to rapidly replicate Capgemini’s global software testing leadership with on-the-ground expertise in Australia was simply too good to resist.”
Paul Thorley, Capgemini Australia’s Chief Executive Officer, said, “There is increasing recognition among Australian organizations about the importance of strategic software testing for mission-critical applications. This acquisition will deliver skills and infrastructure to meet this increasing need.”
Capgemini Press Release
Analyst group Nelson Hall forecasts that the global testing market will be valued at USD $38 billion by 2012, and Capgemini can benefit from its unique position to tackle this market. Capgemini offers a critical combination of a global reach, a large and talented team, a proven track record in global delivery, plus the development of leading methods in testing (Tmap1 and TPI2) to its diverse blue-chip client base all over the world.
With this acquisition, Capgemini will have over 750 staff supporting its Australian operations and client base, 500 of these are based in Australia and others in Rightshore® locations, including India. The Nu Solutions team will bolster the Australian presence of Capgemini and leverage its Rightshore® offerings.
About Capgemini
Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, the Collaborative Business Experience™. The Group has a mature global delivery model called Rightshore®, which aims to get the right balance of the best talent from multiple locations, working as one team to create and deliver the optimum solution for clients. Present in more than 30 countries, Capgemini reported 2008 global revenues of EUR 8.7 billion and employs 90,000 people worldwide.
More information is available at www.capgemini.com.
About Nu Solutions
Nu Solutions is a highly profitable testing consulting company and, established in 1995, was one of the first of its kind in Australia. Offering a broad range of manual and technical testing services, and training and testing tools, Nu Solutions has entrenched itself as a leading provider to well-known customers, primarily in financial services, government, telecommunications and retail sectors. Nu Solutions built its delivery capability by focusing on attracting highly experienced technical staff with consulting abilities to match, to ensure that customers' expectations are exceeded consistently. Nu Solutions is the consultancy of choice when implementing HP testing tools, though its Performance Testing and utomated Testing staff actively support a wide range of industry products.
More information on Nu Solutions is available at: www.nusolutions.com.au
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