IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

Capgemini to acquire Australian cloud services provider for $233 million

The company believes this will bolster its operations in Australia and New Zealand

Capgemini is set to acquire Australian cloud services provider Empired for AU$233 million (£125 million), in a move it says will strengthen the company’s capabilities in cloud and data across the region.

Empired has over 1000 professionals in Australia and New Zealand and provides end-to-end capabilities in cloud and data to provide digital transformation services to a variety of industries. The acquisition will also provide a “complementary geographic footprint” to Capgemini.

Capgemini stated that Empired would bring it the largest accredited Microsoft Dynamics team in Australia and New Zealand. It would also strengthen its client portfolio across key industries like mining, utilities, and government.

“Capgemini’s extensive transformation expertise combined with Empired’s strengths as a leader in Microsoft Azure and Dynamics 365 will open up the full power of digital transformation for our clients in Australia and New Zealand, to run their entire business in the cloud and realise value faster,” said Olaf Pietschner, CEO for Capgemini in Asia-Pacific and Group Executive Committee member.

Capgemini believes its “positive momentum” in Asia-Pacific, breadth of service offerings, and global scale will help Empired’s growing needs and expand career opportunities for its team members.

“Over the past 15 years Empired has been on a journey to build the most respected digital services company across Australia and New Zealand,” said Empired’s managing director, Russell Baskerville. “Our strategy has delivered material growth in shareholder value and we are confident that being part of Capgemini will help to accelerate our combined market position in the coming years.”

Related Resource

The Total Economic Impact™ of Mimecast

Cost savings and business benefits enabled by using Mimecast with Microsoft 365

Total economic impact of Mimecast - whitepaper from MimecastFree download

Capgemini already made investments in the APAC region earlier this year, with the acquisition of Australian SAP consulting specialist Acclimation earlier this month and data and cloud company RXP Solutions in March.

The total proposed consideration for the acquisition of 100% of the share capital of Empired would amount to $233 million, although this remains subject to certain conditions such as Empired shareholders’ approval, court approval and the granting of a New Zealand Overseas Investment Act direction order. The acquisition is expected to close in mid-November 2021.

Featured Resources

Accelerating AI modernisation with data infrastructure

Generate business value from your AI initiatives

Free Download

Recommendations for managing AI risks

Integrate your external AI tool findings into your broader security programs

Free Download

Modernise your legacy databases in the cloud

An introduction to cloud databases

Free Download

Powering through to innovation

IT agility drive digital transformation

Free Download

Recommended

Skills shortages expected to hit over 90% of Australian and New Zealand businesses
Careers & training

Skills shortages expected to hit over 90% of Australian and New Zealand businesses

28 Jun 2022
Why India wants to become a chipmaking powerhouse
components

Why India wants to become a chipmaking powerhouse

28 Jun 2022
Samsung fined $14 million over misleading water resistance claims across its Galaxy smartphones
Mobile Phones

Samsung fined $14 million over misleading water resistance claims across its Galaxy smartphones

23 Jun 2022
Toshiba eyes $22bn buyout offer in bid to go private
Business strategy

Toshiba eyes $22bn buyout offer in bid to go private

23 Jun 2022

Most Popular

Actively exploited server backdoor remains undetected in most organisations' networks
cyber attacks

Actively exploited server backdoor remains undetected in most organisations' networks

1 Jul 2022
Macmillan Publishers hit by apparent cyber attack as systems are forced offline
Security

Macmillan Publishers hit by apparent cyber attack as systems are forced offline

30 Jun 2022
Former Uber security chief to face fraud charges over hack coverup
data breaches

Former Uber security chief to face fraud charges over hack coverup

29 Jun 2022