French IT services firm Capgemini has announced plans to acquire technology outsourcing company WNS for $3.3 billion in cash, equivalent to $76.50 per share—a 17% premium over WNS's July 3 closing price.

The acquisition, which excludes WNS’s financial debt, aims to bolster Capgemini’s capabilities in Agentic AI and Generative AI for business process transformation.

Capgemini plans to establish a consulting business to guide enterprises through operational overhaul using these advanced technologies.

WNS, which provides digital business process services and data analytics to clients like Coca-Cola, T-Mobile, and United Airlines, will also boost Capgemini's presence in the U.S. market.

CEO Aiman Ezzat emphasized WNS's high-growth, resilient service offerings that align well with Capgemini’s strategic goals.

The deal is expected to immediately enhance Capgemini's revenue and operating margins, with projections indicating a 4% increase in normalized earnings per share by 2026 and 7% by 2027 after accounting for synergies.

Capgemini confirmed that its financial guidance for 2025 remains unchanged.