Acquisition CTG by Cegeka finally finalized for 159 million euros
The acquisition of the American Computer Task Group (CTG) by Belgian Cegeka has finally been approved. Cegeka managed to get the required majority stake and various regulators also gave the necessary approvals.
Cegeka's acquisition of the U.S.-listed CTG took quite some time. For the takeover, t... Read more
Cegeka’s acquisition of CTG postponed for the third time
Update, 6/11/2023, 10:51 am: Cegeka's takeover of sector peer CTG is delayed again. The deadline for contributing the shares is postponed for the third time. The parties set the new date of December 12.
Postponement is again necessary because the takeover has still not received all approvals fro... Read more
Cegeka acquires CTG for IT-assistance during digital transformation
Cegeka is expanding with the acquisition of CTG. In this way, the company acquires a consulting firm that supports organizations during digital transformation.
On the financial side of the acquisition, it was announced that the shares of CTG were acquired for $10.50 per share. The total transac... Read more
Gartner: “technical debt” is holding companies back
Gartner has revealed its findings from a recent analysis. The research report shows that reliance on outdated technologies can slow a CTO's response to disruptive events.
Recent Gartner research has led to some interesting facts regarding the lack of outcome-focused technology solutions in the e... Read more
EU’s Vestager targets Metaverse and ChatGPT for special attention
Competition Commissioner Vestager says that the new virtual world environments deserve scrutiny.
Last week an international group of competition regulation enforcers, academics and legislators met in Brussels to discuss the new challenges facing the "competition policy community". The conference... Read more
Cognizant acquires UK-based IoT specialist Mobica
The acquisition provides Cognizant with a broader range of end-to-end support to aid clients in digital transformation journeys. Mobica’s services include developing, testing, and deploying IoT devices and software.
Cognizant believes that Mobica's expertise in will strengthen its position as ... Read more
TIM group signs deal to provide cloud services to Italian state
The EU-funded project aims to help Italy's economy recover from the pandemic.
A consortium led by TIM (Telecom Italia) has signed an agreement with the Italian government to set up and manage cloud services for the country's public administration, according to Reuters.
In a joint statement, T... Read more
Only 54% of EU residents have digital skills
The EU Member States are well on track with their digital transformation. Nevertheless, there is still room for improvement in many areas, according to the European Commission's Digital Economy and Society Index (DESI) report of 2022. Finland, Denmark and the Netherlands are the top three most digi... Read more
The UK targets light-touch regulation to boost the tech sector
The United Kingdom unveiled a digital plan to streamline regulations and promote economic development.
For both consumers and enterprises, the digital market offers previously unmatched advantages. Open markets, intense competition, and consumer choice are how western countries hope to achieve a... Read more
KPMG invests massively in enterprise digitalization,
KPMG has developed a new suite for the existing tools available with its products. The audit tycoon has initiated a new project on the digital transformation journey to assist CEOs through a next-generation suite of digital products.
There are new challenges in the digital transformation that KP... Read more