Capgemini Eyes WNS Acquisition For $3.3 Billion To Boost AI-Powered Intelligent Operations

Paris-headquartered Capgemini Group is all set to acquire IT outsourcing firm WNS Holdings Ltd for $3.3 billion, which is equivalent to a cash consideration of 76.50 USD per WNS share, announced Capgemini on Monday, July 7.

The acquisition of WNS will include the cash consideration deal representing a premium of 28% to the last 90-day average share price, of 27% to the last 30-day average share price and a premium of 17% to the last closing share price on July 3, 2025.

The transaction has been approved by the board of directors of both companies. The acquisition would help Capgemini to strengthen its position as a Digital BPS blending horizontal and vertical expert. The deal would also help the IT services provider to expand its global footprint.

WNS takeover would also let Paris-based multinational company to boost its ability to accompany clients on their business and technology transformation journeys.
With WNS, Capgemini aims to unlock its cross-selling opportunities and help the firm to lay down the foundations to build the capabilities to seize the intelligent operations strategic market opportunity.

"Enterprises are rapidly adopting Generative AI and Agentic AI to transform their operations end-to-end. Business Process Services will be the showcase for Agentic AI. Capgemini's acquisition of WNS will provide the Group with the scale and vertical sector expertise to capture that rapidly emerging strategic opportunity created by the paradigm shift from traditional BPS to Agentic AI-powered Intelligent Operations," stated Aiman Ezzat, Chief Executive Officer of Capgemini.

"As a recognised leader in the Digital Business Process Services space, we see the next wave of transformation being driven by intelligent, domain-centric operations that unlock strategic value for our clients. Organisations that have already digitised are now seeking to reimagine their operating models by embedding AI at the core-shifting from automation to autonomy," said Keshav R. Murugesh, Chief Executive Officer of WNS.

About WNS

The UK-based WNS is a leader in digital business process services (BPS). The company offers its services to a client base spread across 8 industries and multiple countries. The company has a stronghold in blending industry knowledge with business process management, technology, analytics and AI expertise to create market differentiation for clients. The company also has a large portfolio of blue-chip clients, such as United Airlines, Aviva, M&T Bank, Centrica, and McCain Foods.The company's revenue stands at $1,266 million in financial year 2024-25 with an 18.7% operating margin.

The acquisition of WNS would also contribute to Capegemini's target to add artificial intelligence (AI) in its operations a wider scale. Both companies are already pioneering intelligent operations. While Capgemini has a consulting-led end-to-end transformation of processes, advanced AI tools and technology stacks, WNS has developed a set of sector-specific AI-led solutions recently augmented by the acquisition of Kipi.ai to strengthen its data, analytics and AI capabilities.

Capgemini's acquisition of WNS is expected to be closed by the end of the year 2025. The deal is expected to boost the group'srevenue and operating margin, the company said in a press release. The acquisition will boost its normalised earnings per share by 4% before synergies in 2026, and by 7% in 2027 post-synergies, it said, with no changes to the outlook for the current year.