Capgemini to buy IT services firm WNS for $3.3 b, boost AI-powered operations
WNS, established in 1996 by British Airways in Mumbai, became an independent company in 2002; it has a strong presence in the US and UK markets
French IT services giant Capgemini is to acquire WNS, an NYSE-listed business process management (BPM) company, for $3.3 billion in cash. The transaction has been unanimously approved by both Capgemini’s and WNS’ Boards of Directors.
At $76.50 per WNS share, the deal represents a 17% premium over the July 3 closing price and a 28% premium over the 90-day average.
This acquisition is a strategic move by Capgemini to enhance its capabilities in AI-driven intelligent operations, said a company release. By integrating WNS's domain-centric BPM services with its own consulting and AI expertise, Capgemini aims to offer comprehensive solutions that blend technology, platforms, and deep industry knowledge.
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Capgemini CEO Aiman Ezzat stated, "Together, Capgemini and WNS will form a powerhouse uniquely positioned to deliver AI-driven process transformation at scale."
Established by BA
WNS, established in 1996 by British Airways in Mumbai, became an independent company in 2002. It has a strong presence in the US and UK markets. Its client portfolio includes major companies like United Airlines, Aviva, and M&T Bank.
The acquisition is expected to be accretive to Capgemini’s earnings per share by 4% in 2026 and 7% post-synergies in 2027, said the company statement.
The transaction is anticipated to close by the end of 2025, subject to regulatory approvals.