Global technology services firm Capgemini has signed an agreement to acquire Sydney-headquartered product design and development consultancy D+I.
Capgemini said the acquisition will add to its intelligent industry offerings in Australia, notably in the development and delivery of products from initial concepts through to production.
Founded in 1987 and with R&D labs in Sydney, Melbourne and Newcastle, D+I offers services covering mechanical engineering and electronics product development, which include medical, scientific and wellness devices.
“As part of our intelligent industry work for clients, Capgemini is designing, developing and delivering tomorrow’s connected products and services,” comments William Rozé, CEO of Capgemini engineering and group executive board member.
“To do this we help organisations on the convergence between the physical and the digital worlds by developing and testing products virtually and managing them over the entire product life cycle. D+I will reinforce our product design capabilities in Australia spanning the medtech, industrial and consumer sectors. This acquisition is another example of Capgemini’s growth ambition and investment in this market.”
Capgemini said the transaction is due to close in the coming months subject to regulatory approval and other customary conditions for a transaction of this nature.
“For over 35 years D+I has been the partner of choice to leading organizations who want to create world class, commercially successful products, from research and discovery through to concept design, prototyping and into production,” said David Jones, CEO of D+I.
"Capgemini’s end to end intelligent industry capabilities will be a natural home for D+I’s expertise. Its global reach and client base will provide unrivalled opportunities and experiences for our team members. We are excited to join the Group."