Capgemini’s Acquisition of WNS: A Boost for Egypt’s Outsourcing Sector and AI Capabilities, Says Capgemini Egypt CEO
Eng. Hossam Seif El-Din, CEO of Capgemini Egypt for Consulting and Digital Transformation Services, confirmed that the parent company’s acquisition of all shares of global firm WNS will significantly bolster its operations and provide a strong addition to the outsourcing services industry, particularly in AI assets. He anticipates this move will lead to substantial growth in the local Egyptian market.
In exclusive statements to “Ta3heed” newsletter, Seif El-Din emphasized that Capgemini is steadily achieving good growth rates in its operations within Egypt, adhering to its established plans.
Days prior, French-based Capgemini announced its board’s approval to acquire all outstanding shares of global firm WNS in an all-cash deal valued at $3.3 billion.
This acquisition aims to expand Capgemini’s portfolio of AI solutions and tools offered to the corporate sector.
The transaction, expected to close by the end of the current year, will enable Capgemini to establish a consulting business service focused on assisting companies in optimizing their operations and cost efficiency using AI, specifically generative AI and agentic AI.
These technologies are expected to attract significant investment. The purchase price per WNS share in the deal is $76.50.
This acquisition signals Capgemini’s strategic commitment to enhancing its AI capabilities and presence in the outsourcing industry.
