CGI Acquires Netplex Retail Group and Myriap

May 22, 2002

CGI Group Inc. acquired retail-technology consultant Netplex Retail Group and electronic solutions provider Myriap for C$9.7 million (about US$14.9 million). The purchases are intended to deepen CGI's retail sector capabilities; several Netplex executives (including former president Robert Barcum) joined CGI in leadership roles following the deal.

Buyers: CGI Group Inc.
Targets: Netplex Retail Group, Myriap
Sellers
Platforms
Industry: IT Services
Location: Oklahoma, United States
Transaction Type: Buyout

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