CGI expands its Winnipeg presence and Canadian footprint with the acquisition of Online Business Systems

Rhea-AI Summary

CGI (TSX: GIB.A, NYSE: GIB) announced on Dec. 3, 2025 the acquisition of Online Business Systems, an IT consulting firm based in Winnipeg founded in 1986.

The deal brings more than 350 professionals into CGI across Canada and the United States and is described as strengthening CGI's local presence in Winnipeg while expanding its digital transformation, AI, and cybersecurity capabilities. CGI says the acquisition will expand reach among enterprise clients and give Online Business Systems' clients access to CGI's global delivery centers and services.

Positive

• 350+ professionals to join CGI across Canada and the US
• Strengthens CGI presence in Winnipeg
• Adds local expertise in digital transformation, AI, cybersecurity
• Expands reach to enterprise clients in Canada and the United States

Negative

• None.

News Market Reaction

+0.83%

1 alert

+0.83% News Effect

On the day this news was published, GIB gained 0.83%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Online Business Systems founding year: 1986 New professionals from Online Business Systems: More than 350 professionals Comarch Polska professionals: More than 460 professionals +5 more

8 metrics

Online Business Systems founding year 1986 Year Online Business Systems was founded

New professionals from Online Business Systems More than 350 professionals Staff joining CGI across Canada and the United States

Comarch Polska professionals More than 460 professionals Headcount expected to join CGI upon Comarch Polska acquisition closing

Poland and Baltic headcount Approximately 1,500 professionals CGI’s expected regional workforce after Comarch Polska deal

Apside professionals Over 2,500 professionals Headcount added via Apside acquisition

Momentum Technologies consultants Over 250 consultants and professionals Staff integrated via Momentum Technologies acquisition

Highmark uphold rate 98% uphold rate Audit findings using CGI ProperPay platform

Global alliances partners 150+ technology partners CGI Global Alliances network cited in AWS recognition

Market Reality Check

Price: $89.36 Vol: Volume 310,211 vs 20-day ...

normal vol

$89.36 Last Close

Volume Volume 310,211 vs 20-day average 332,875 indicates slightly below-normal activity ahead of this news. normal

Technical Shares at 90.26 are trading below the 200-day MA of 98.03, reflecting a weaker medium-term trend pre-announcement.

Peers on Argus

Peers show mixed but generally positive moves today, with LDOS up 0.78%, CDW up ...

Peers show mixed but generally positive moves today, with LDOS up 0.78%, CDW up 0.85%, IT up 0.78%, BR up 1.39%, while WIT is down 1.39%, suggesting this acquisition is more stock-specific than sector-driven.

Historical Context

5 past events · Latest: Dec 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 09	Cloud budgeting win	Positive	-0.5%	San Diego County moved its budgeting system to CGI’s cloud platform.
Dec 04	ERP modernization	Positive	+2.2%	State of Nevada launched modernized HR and payroll with CGI Advantage ERP.
Dec 03	Acquisition announcement	Positive	+0.8%	Acquisition of Online Business Systems to deepen digital and cybersecurity reach.
Dec 02	Partnership extension	Positive	+0.6%	Highmark Inc. extended its CGI ProperPay-based claims payment partnership.
Dec 02	Cloud/AI recognition	Positive	+0.6%	CGI achieved AWS Premier Tier and SAP Competency Partner status.

Pattern Detected

Recent news has generally been positive and the stock has more often risen than fallen on such updates, though there has been at least one instance of a positive headline followed by a modest decline.

Recent Company History

Over early December 2025, CGI issued a series of positive operational updates: a county budgeting migration to CGI Advantage cloud, a Nevada ERP modernization, the Online Business Systems acquisition, a renewed Highmark Inc. partnership, and new AWS Premier/SAP partner recognitions. Price reactions over these five events ranged from about -0.47% to +2.21%, with most positive headlines followed by modest gains, indicating generally constructive but not extreme responses to good news.

Market Pulse Summary

This announcement adds more than 350 professionals through the acquisition of Online Business System...

Analysis

This announcement adds more than 350 professionals through the acquisition of Online Business Systems, strengthening CGI’s digital transformation and cybersecurity capabilities in Canada and the U.S. It fits a 2025 pattern of acquisitions that expanded headcount in Europe and Québec. Investors may track how quickly these teams translate into new enterprise wins, the integration of AI and security offerings, and any follow-on disclosures in future operational updates.

Key Terms

cybersecurity

1 terms

cybersecurity technical

"Online Business Systems' local expertise in digital transformation, cybersecurity and AI"

Cybersecurity involves protecting computers, networks, and digital information from theft, damage, or unauthorized access. It is essential for safeguarding sensitive data and maintaining trust in digital systems, which matters to investors because strong cybersecurity reduces the risk of costly breaches and disruptions that can impact a company’s performance and reputation. Think of it as locking and safeguarding valuable information much like securing a safe to prevent theft.

AI-generated analysis. Not financial advice.

Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom

Acquisition deepens CGI's digital transformation, AI and cybersecurity capabilities

MONTRÉAL, Dec. 3, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, announced today the acquisition of Online Business Systems, an IT consulting firm based in Winnipeg.

Founded in 1986, Online Business Systems has built a strong reputation for helping organizations modernize operations, enhance performance, and elevate customer experience through innovation and technology. Recognized for its technical expertise and commitment to measurable results, Online Business Systems has been a trusted partner for organizations pursuing complex digital and security initiatives. More than 350 highly skilled professionals are joining CGI across Canada and the United States.

"We are delighted to welcome Online Business Systems' talented team of professionals to CGI," said Michael Godin, President, CGI Canada. "This acquisition significantly strengthens our presence in Winnipeg, and Online Business Systems' local expertise in digital transformation, cybersecurity and AI further enhances CGI's portfolio of services and solutions."

The integration of Online Business Systems expands CGI's reach among enterprise clients in Canada and the United States and provides Online Business Systems' clients access to CGI's global expertise, network of delivery centers, and comprehensive suite of services and solutions.

"We have always been guided by a strong commitment to excellence, innovation, and long-term client partnerships," said Charles Loewen, Founder, President, and CEO, Online Business Systems. "We see strong cultural alignment between our firms, and this new chapter with CGI will allow our clients and our team to benefit from the breadth, depth, and global scale of CGI."

This acquisition embodies CGI's strategy of combining strong local relationships with the breadth of its global expertise to help clients accelerate innovation, enhance operational performance, and achieve tangible outcomes.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is $15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

Forward-looking information and statements
This press release contains "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbours. All such forward-looking information and statements are made and disclosed in reliance upon the safe harbour provisions of applicable Canadian and United States securities laws. Forward-looking information and statements include all information and statements regarding CGI's intentions, plans, expectations, beliefs, objectives, future performance, and strategy, as well as any other information or statements that relate to future events or circumstances and which do not directly and exclusively relate to historical facts. Forward-looking information and statements often but not always use words such as "believe", "estimate", "expect", "intend", "anticipate", "foresee", "plan", "predict", "project", "aim", "seek", "strive", "potential", "continue", "target", "may", "might", "could", "should", and similar expressions and variations thereof. These information and statements are based on our perception of historic trends, current conditions and expected future developments, as well as other assumptions, both general and specific, that we believe are appropriate in the circumstances. Such information and statements are, however, by their very nature, subject to inherent risks and uncertainties, of which many are beyond the control of CGI, and which give rise to the possibility that actual results could differ materially from our expectations expressed in, or implied by, such forward-looking information or forward-looking statements. These risks and uncertainties include but are not restricted to: risks related to the market such as the level of business activity of our clients, which is affected by economic and political conditions, additional external risks (such as pandemics, armed conflict, climate-related issues, inflation, tariffs and/or trade wars) and our ability to negotiate new contracts; risks related to our industry such as competition and our ability to develop and expand our services to address emerging business demands and technology trends (such as artificial intelligence), to penetrate new markets, and to protect our intellectual property rights; risks related to our business such as risks associated with our growth strategy, including the integration of new operations, financial and operational risks inherent in worldwide operations, legal and operational risks inherent in contracting with government clients, foreign exchange risks, income tax laws and other tax programs, the termination, modification, delay or suspension of our contractual agreements, our expectations regarding future revenue resulting from bookings and backlog, our ability to attract and retain qualified employees, to negotiate favourable contractual terms, to deliver our services and to collect receivables, to disclose, manage and implement environmental, social and governance (ESG) initiatives and standards, and to achieve ESG commitments and targets, including without limitation, our commitment to net-zero carbon emissions, as well as the reputational and financial risks attendant to cybersecurity breaches and other incidents, including through the use of artificial intelligence, and financial risks such as liquidity needs and requirements, maintenance of financial ratios, our ability to declare and pay dividends, interest rate fluctuations and changes in creditworthiness and credit ratings; as well as other risks identified or incorporated by reference in this press release, in CGI's annual MD&A and in other documents that we make public, including our filings with the Canadian Securities Administrators (on SEDAR+ at www.sedarplus.ca) and the U.S. Securities and Exchange Commission (on EDGAR at www.sec.gov). Unless otherwise stated, the forward-looking information and statements contained in this press release are made as of the date hereof and CGI disclaims any intention or obligation to publicly update or revise any forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. While we believe that our assumptions on which these forward-looking information and forward-looking statements are based were reasonable as at the date of this press release, readers are cautioned not to place undue reliance on these forward-looking information or statements. Furthermore, readers are reminded that forward-looking information and statements are presented for the sole purpose of assisting investors and others in understanding our objectives, strategic priorities and business outlook as well as our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. Further information on the risks that could cause our actual results to differ significantly from our current expectations may be found in the section titled Risk Environment of CGI's annual MD&A, which is incorporated by reference in this cautionary statement. We also caution readers that the above-mentioned risks and the risks disclosed in CGI's annual MD&A and other documents and filings are not the only ones that could affect us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial could also have a material adverse effect on our financial position, financial performance, cash flows, business or reputation.

View original content:https://www.prnewswire.com/news-releases/cgi-expands-its-winnipeg-presence-and-canadian-footprint-with-the-acquisition-of-online-business-systems-302631124.html

SOURCE CGI Inc.

FAQ

What did CGI (GIB) announce on December 3, 2025?

CGI announced the acquisition of Online Business Systems, a Winnipeg-based IT consulting firm founded in 1986.

How many Online Business Systems employees will join CGI after the GIB acquisition?

More than 350 professionals are joining CGI across Canada and the United States.

What capabilities does the Online Business Systems acquisition add to CGI (GIB)?

The acquisition adds local expertise in digital transformation, AI, and cybersecurity.

How will the acquisition affect CGI's presence in Winnipeg and Canada (GIB)?

CGI says the deal significantly strengthens its Winnipeg presence and expands its Canadian footprint.

Will Online Business Systems clients get access to CGI's global services after the GIB deal?

Yes; clients will gain access to CGI's global expertise, network of delivery centers, and comprehensive services.