Capgemini dissolves iGate brand

French IT major Capgemini today said the brand IGATE, which was acquired for USD 4 billion in April 2014, will now cease to exist and all services will now be offered under the one brand Capgemini.

"Only six months after the completion of the acquisition of IGATE, our clients are already benefiting from the integration of talent and the combined portfolio. Operating as one brand means that we can offer our clients seamless access to a wide set of expertise," Virginie Regis, Group Marketing & Communications Director and Member of the Group Executive Committee at Capgemini, said in a statement.

IGate has been in news for wrong reason about a year back. The company had sacked its then Chief Executive Phaneesh Murthy in a sexual misconduct case.

The rebranding of IGATE as Capgemini is a key step in the integration process which has seen 31,000 former IGATE employees join Capgemini, the statement said.

French firm Capgemini, with IGATE, employs around 87,000 people in India -- close to half of its global workforce.

The acquisition makes North America the Group's largest region by far, with 30 per cent of revenues, while boosting Capgemini's global production center network to more than 96,000 employees and augmenting its expertise in the Financial Services sector.

The combination of IGATE and Capgemini service offerings and capabilities has already resulted in some initial joint client wins.

The deals include one of the largest North American property and casualty companies, a leading global risk advisor, insurer and reinsurance broker, as well as an Enterprise Resource Planning (ERP) consolidation initiative for a major food and beverage company, the statement said.