Posted by Paris, France: Capgemini has signed an agreement to acquire Cloud4C, a managed service provider for hybrid and sovereign cloud environments. The move will enable Capgemini to expand footprint in the cloud managed services market. However, the company hasn’t disclosed the financial details of this deal.
Cloud4C, a CtrlS datacentre company, helps enterprises migrate, manage and optimise their technology and data leveraging its low-code, AI-ready platform and vertical specific frameworks.
WIth operations in 29 countries, the cloud managed service provider also is a global premium partner for SAP in S/4 HANA Cloud. Besides, it also has strong relationships with other key technology vendors and hyperscalers.
The Cloud4C acquisition is expected to close in the coming months, subject to regulatory approvals and other customary conditions.
Founded in 2014, Cloud4C’s 1,600-strong team specialises in platform-based services with AI operations and automation capabilities. It helps clients to develop and implement their cloud strategy through consulting, stack migration and efficient management. And it also provides hybrid cloud solutions for sovereignty.
Furthermore, this transaction will drive Capgemini’s SAP leadership notably in end-to-end SAP services, through the combination of Syniti’s data expertise with Cloud4C’s SAP cloud management.
“Cloud4C has an impressive track record in large-scale cloud transformations, thanks to its cutting-edge, highly automated AI platform and processes,” said Aiman Ezzat, CEO of Capgemini.
Given Cloud4C’s global partner status with SAP, Ezzat called the acquisition as a natural fit for Capgemini. “Its status as a global premium partner of RISE with SAP, makes it a natural fit for Capgemini as we have been a strategic partner with SAP for decades.,” he said.
“This acquisition will enable the Group to champion gen AI-powered cloud automation platforms” added Ezzat.
“Joining a global leader like Capgemini represents an exciting next chapter, enabling us to scale our cloud migration and management frameworks more efficiently,” said Sridhar Pinnapureddy, Chairman and MD of Cloud4C.
“We look forward to combining our strengths with those of Capgemini to meet the needs of its international client base,” added Pinnapureddy.