Capgemini to buy Cloud4C to tap cloud managed services market

NEW DELHI: French IT consulting services firm Capgemini is acquiring Singapore-headquartered Cloud4C to tap the rapidly growing cloud managed services market and offer a wider range of generative artificial intelligence (GenAI) solutions.

The acquisition is expected to close in the coming months, the companies said in a joint statement Tuesday without divulging financial details.

Cloud4C helps enterprises migrate, manage and optimise their technology and data, leveraging its low-code, AI-ready platform and vertical-specific frameworks, designed for the specific needs of businesses and industries.