Finance Desk – Capgemini, the French IT services giant, has announced it will acquire WNS, a business transformation firm, for $3.3 billion (excluding debt). The move is aimed at strengthening Capgemini’s generative AI and agentic AI capabilities.
The deal values WNS at $76.50 per share, which is about 17% higher than its last closing price.
Why This Deal Matters
Capgemini’s CEO Aiman Ezzat said this acquisition will help the company become a leader in Intelligent Operations — using AI to automate and improve business processes.
The company expects the deal to:
Increase its earnings by 4% in 2026 (before synergies)
Grow earnings by 7% in 2027 (after synergies)
Open up new cross-selling opportunities
About WNS
WNS is a London-based company that works with big-name clients like:
United Airlines
Aviva
M&T Bank
Centrica
McCain Foods
Its CEO, Keshav R Murugesh, said combining WNS’s domain expertise with Capgemini’s global reach and AI strength creates a powerful force for enterprise reinvention.
What’s Next?
Together, the two companies are expected to have €1.9 billion in revenue from digital business process services in 2024. This deal will help Capgemini support clients even better on their digital transformation journeys, especially as AI becomes a core part of business operations.
