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Capgemini in Euriware talks

Paris: French nuclear power technology group Areva has entered into exclusive negotiations with Capgemini over the sale of its IT services subsidiary Euriware. Capgemini says that acquiring Euriware would strengthen its long-term relationship with a major industrial group, while Areva would be able to rely on a strategic partner for the transformation of its IT and the development of its activities worldwide. A global long-term outsourcing and systems integration contract would be signed by the two parties as part of this transaction. An agreement is expected in early 2014.

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