Capgemini’s Aspire contract: Novation of Fujitsu and Accenture contracts

| Financial news
Paris – Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, today announced the novation of the Fujitsu and Accenture contracts as part of its agreement with HMRC.
As previously highlighted Capgemini, HMRC, Fujitsu and Accenture have worked together to finalize the transfer of the main Fujitsu and Accenture subcontracts to HMRC. This will enable HMRC to take direct management of the Fujitsu and Accenture contracts from 1 January 2015. These two contracts would have represented an estimated combined revenue of €270m for Capgemini in 2015, with a very limited impact on profits. This implements arrangements that were agreed in 2012 in a Memorandum of Understanding.

This novation of Fujitsu and Accenture brings the Aspire contract closer in line with the latest government contract and outsourcing guidelines. Capgemini continues to work collaboratively with HMRC and this latest update continues to underline Capgemini’s commitment to the UK public sector.

About Capgemini

With more than 140,000 people in over 40 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2013 global revenues of EUR 10.1 billion. Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model.

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