SciSys explained

SCISYS - now part of CGI
Fate:Acquired by CGI Group[1]

SCISYS PLC was a pan-European computer software and services company based in the United Kingdom and Germany. The company was formed in 1980 as Science Systems and was acquired by CGI in 2019.

Overview

SCISYS Group PLC was a medium-sized software and IT services company. The dual-listed company (ESM:SCC)/(Lon:SSY) was a l developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom solutions and advanced technology solutions. The SCISYS Group comprised four operational companies: SCISYS UK Ltd, SCISYS Deutschland GmbH, SCISYS Media Solutions GmbH and Xibis Ltd.

History

SCISYS was formed in 1980 as Science Systems and its shares were listed on London's Alternative Investment Market in 1997.

In 2000, Science Systems acquired CODA, an accounting software company, and in 2002 the group holding company was renamed CODASciSys plc. The CODA business was demerged as a separately listed company in 2006.[2] [3] Following the demerger, the original, remaining business became SciSys plc in 2006.

In 2007, SciSys purchased a private Bochum-based German company, VCS AG.[4] VCS produced software, computer systems and telecommunications systems for broadcasting, and services for public- and private-sector satellites.

In January 2012 the VCS business was renamed SCISYS Deutschland GmbH as part of a wider integration exercise.[5] As part of this, in May 2012, the UK operations of SciSys were also rebranded as SCISYS. These two changes brought the business divisions together, operating under the same name and branding.

In October 2012, SCISYS purchased the space-market elements of the German company MakaluMedia.[6]

In December 2014, SCISYS announced the acquisition of Xibis Limited,[7] a mobile and web-development firm.

In November 2016, SCISYS announced the acquisition of ANNOVA Systems GmbH [8] a provider of software solutions for media and broadcast, in particular its OpenMedia newsroom computer systems.

In May 2017, SCISYS announced that the Media & Broadcast division of SCISYS Deutschland has moved from Bochum to new offices in nearby Dortmund. The Bochum location remained the German headquarters and the home of its space division.

In 2018, SCISYS moved its headquarters to Ireland, which was seen as a response to the then-pending Brexit.[9]

In December 2019, SCISYS was acquired by CGI, an independent IT and business consulting services firm.[10] [11]

References

  1. Web site: CGI completes acquisition of SCISYS, a leading provider of IT services in the UK and Germany . 2024-05-15 . www.cgi.com . en.
  2. Science Systems press release, March 30, 2000 Science Systems Confirms CODA Acquisition. Retrieved on August 4, 2009.
  3. Hall, James. "CODASciSys." Sunday Telegraph (London, England) (Sept 24, 2006) Newspapers Online. Gale. Retrieved on March 11, 2008.
  4. Web site: New owner of VCS AG. 2008-04-15. 2007-09-14.
  5. Web site: 2012-02-02. VCS Becomes SCISYS, Announces Management Changes. 2020-09-17. Radio World. en-US.
  6. Web site: Investegate SciSys PLC Announcements SciSys PLC: Acquisition. 2020-09-17. www.investegate.co.uk.
  7. News: Acquisition of web and mobile application development company Xibis Limited. iii. 2017-08-15. en-GB.
  8. Web site: Acquisition of ANNOVA Systems GmbH - RNS - London Stock Exchange. www.londonstockexchange.com. en. 2017-08-15.
  9. Web site: SCISYS lauds pre-Brexit office shift again after it lands another EU-funded space contract. Swindon Business News. en. 2019-01-24.
  10. Web site: CGI completes acquisition of SCISYS, a leading provider of IT services in the UK and Germany CGI.com. www.cgi.com. en. 2020-02-20.
  11. Web site: Media. Insider. New era as SCISYS Group acquisition completes. 2020-09-17. Insider Media Ltd. 19 December 2019 . en.