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CGI To Acquire Federal IT Consulting Firm TeraThink

Cal Biesecker By
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CGI To Acquire Federal IT Consulting Firm TeraThink

CGI Inc. [GIB] on Wednesday said it has agreed to acquire TeraThink, a provider of information technology services to the U.S. federal government. Terms of the deal, which is expected to close this month, were not disclosed. TeraThink, which is based in Northern Virginia, has more than 250 employees. CGI, an IT and business consulting firm that is based in Canada and has a U.S. federal business, said the acquisition will strengthen the consulting expertise of CGI Federal and expand…

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