Capgemini has officially completed the acquisition of WNS, marking a significant milestone in shaping the future of intelligent business transformation. This landmark deal creates a global leader in Agentic AI-powered Intelligent Operations, enabling enterprises worldwide to accelerate digital transformation and operational agility.
Capgemini completes the $3.3 billion acquisition of WNS.
The merger creates a global leader in Agentic AI-powered Intelligent Operations.
Consolidation into Capgemini’s financials begins October 17, 2025.
€4 billion bonds issued to finance the transaction and cancel the bridge loan.
Combined expertise to drive hyper-automation and end-to-end process reinvention.
Strong focus on leveraging Agentic AI for domain-centric business outcomes.
The completion of Capgemini’s acquisition of WNS (NYSE: WNS) reinforces its position at the forefront of Intelligent Operations, where AI-driven automation and digital business process optimization converge. This deal builds on Capgemini’s long-term vision of empowering clients to harness Agentic AI for end-to-end business transformation across industries.
Aiman Ezzat, CEO of Capgemini, shared his perspective:
“Capgemini and WNS share a common vision of the potential of agentic AI to transform our clients’ business operations. By combining Capgemini’s global reach, strategy and transformation capabilities, technology and AI leadership with WNS’s industry expertise and platforms, we’re uniquely positioned to help our clients reinvent their business processes end-to-end and lead in their market. We can now move forward in building together a global leader in Intelligent Operations. I am delighted to welcome WNS’ employees to the Group.”
WNS CEO Keshav R. Murugesh emphasized the transformative scope of this partnership:
“Our teams are looking forward to beginning this next chapter, joining forces with Capgemini to create a global powerhouse and build something truly transformative in the era of generative and agentic AI. The next wave of transformation will be driven by intelligent, domain and industry-centric operations, delivering efficiency and agility through hyper-automation for superior business outcomes. Our shared values and culture will make for a seamless integration, enabling us to unlock exciting opportunities and long-term value for our clients, employees, partners, and communities.”
Capgemini initially announced the agreement on July 7, 2025, acquiring WNS for a cash price of $76.50 per share, totaling $3.3 billion, excluding WNS’ net financial debt. To support the transaction, Capgemini successfully priced €4.0 billion in bonds on September 18, 2025, aimed at financing the acquisition, refinancing existing debt, and addressing general corporate needs. Following the bond issuance, the bridge loan associated with the deal was cancelled.
WNS will now be integrated into Capgemini’s financial reporting as of October 17, 2025, further expanding the company’s capabilities in AI-driven process management and intelligent enterprise transformation.
This acquisition solidifies Capgemini’s leadership in AI-enabled operations, merging business transformation, technology innovation, and scalable AI systems under one global platform.
Capgemini continues to demonstrate its commitment to building a connected, intelligent future for businesses by combining strategic insight with technical excellence.
Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 350,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.
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