Blog

CGI exiting low-margin markets, eyes M&A in cyber security

By Alastair Sharp TORONTO (Reuters) – CGI Group Inc , the information systems and management consultancy, said on Wednesday it would target acquisitions in cyber security while exiting some markets entirely, as it reported third-quarter profit and revenue that missed estimates. The company’s chief executive officer said it has compiled a short list of 85 potential acquisition targets that would help it grow by delving deeper into industries, three years