Capgemini to acquire procurement technology firm IBX
SOURCE: News Statesman
DATE: Feb 4th, 2010
French IT services firm Capgemini Group said that it has acquired Swedish procurement technology company IBX and launched an on-demand procurement-as-a-service offering.
The companies said that they have joined forces in order to drive development of a new global procurement service offering and expand the addressable market for IBX’s technology. The deal adds IBX’s strength in software-as-a-service purchasing technology to Capgemini’s global sourcing, business process outsourcing (BPO) and transformation expertise.
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