Capgemini to Acquire Leidos. Also featuring: Accenture, GTT Communications, Coinbase and PartnerRe

Capgemini to Acquire Leidos

Capgemini to Acquire Cybersecurity Arm of Defence Company Leidos

Capgemini, the global French IT consultancy, has agreed to acquire the cybersecurity arm of Leidos, an information company specialising in defence and intelligence.


Leidos is a Fortune 500 information technology, engineering and science solutions company. It works to solve challenges in the defence, intelligence, homeland security, civil and health markets. Headquartered in Reston, Virginia, Leidos reported annual revenues of $10.17 billion for the fiscal year ended on 29th December 2017.


“Leidos Cyber is a pioneer in the field of cybersecurity. It defined the market in protecting the industrial control ecosystem for the mission critical infrastructure needs of global enterprises,” said Paul Hermelin, chairman and CEO of Capgemini.


“It is the perfect fit to reinforce our cybersecurity practice in North America, to help meet the security requirements of our international client base. I look forward to welcoming them to the Group.”


Accenture to Acquire Strategic Design Consultancy Designaffairs

Accenture has agreed to acquire designaffairs, a strategic design consultancy headquartered in Germany.


Founded in 1997, designaffairs currently employs more than 100 professionals in studios in Munich and Erlangen (Germany), Shanghai (China) and Portland, Oregon (United States). The firm offers services including industrial, user interface and material design; interaction innovation; mechanical and usability engineering; prototyping; design research; and brand strategy. Designaffairs has worked with leading brands including Hyundai, Siemens and Nescafé and won over 300 industry awards.


“Designaffairs excels at helping clients reinvent products and the product experience, which is the prerequisite for building new business models and creating growth from digital,” said Frank Riemensperger, senior country managing director, Accenture Austria, Switzerland, Germany, and Russia.


“Their expertise, track record and market presence will strengthen our capabilities around industry digitization – especially in Germany and in China, two key markets for Industry X.0.”


GTT Communications Acquires Fibre-Optic Network Services Provider Interoute

GTT Communications, Inc., a Fortune Future 50 global communications provider, has acquired Interoute, a European fibre-optic network services operator.


Interoute is the owner-operator of one of Europe’s largest networks and a global cloud services platform encompassing 15 data centres, 17 virtual data centres and 51 colocation centres. Its full-service Unified ICT platform serves international enterprises and many of the world’s leading service providers, as well as governments and universities.


“The acquisition of Interoute represents a major milestone in delivering on our purpose of connecting people across organizations, around the world and to every application in the cloud,” said Rick Calder, GTT president and CEO.


“Our enhanced scale, expanded network footprint and award-winning product capabilities reinforce our position as a global leader in cloud networking. We look forward to bringing the benefits of this acquisition to our valued clients across the world.”


Coinbase Acquires Financial Services Firm Keystone Capital

Coinbase, the largest Bitcoin exchange in the U.S., has acquired Keystone Capital, a financial services firm, in a bid to become a fully regulated broker-dealer.


Based in San Diego, California, Keystone Capital is a broker-dealer that specialises in trading, investment banking, digital securities, order routing, blockchain and digital wallet. It aims to simplify its clients’ investment experience by combining old-school business philosophies with modern technology and resources.


“If approved, Coinbase will soon be capable of offering blockchain-based securities, under the oversight of the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA),” said Coinbase President and Chief Operating Officer Asiff Hirji.


“This step forward is being made possible by our acquisition of a broker-dealer license.”


PartnerRe Acquires Claim Analytics

PartnerRe Ltd has acquired Claim Analytics, a Canadian-based provider of predictive analytics solutions to the insurance industry.


Founded in 2001, Claim Analytics is a leading innovator and provider of in-depth expertise in advanced predictive modeling to major insurance companies. Claim Analytics’ solutions offer a competitive advantage through claim scoring, pricing, reserving and fraud detection.


“We are very pleased to announce the addition of this leading provider of predictive modeling solutions to our existing predictive capabilities,” said Emmanuel Clark, President and CEO of PartnerRe.


“This acquisition strengthens our product offering predominantly in Life and Health, an important strategic area of diversification and growth for the company, and aligns with PartnerRe’s overall client focused strategy.”


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