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Market News - Part 2 | Part 1
Logica and CMG complete merger
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Martin Read and Cor Stutterheim: have started integrating employees
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European IT services firms Logica and CMG have completed their proposed merger – to form LogicaCMG, Europe’s second-largest quoted IT services company behind Cap Gemini Ernst & Young.
The companies met their target merger date of 30 December 2002, leading group chief executive of LogicaCMG Martin Read to say: “I am delighted that the merger has completed as planned. The shared ambitions of both organisations have driven the creation of LogicaCMG.”
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IT Services and Solutions 2003
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