A $26 billion software company is selling a US unit that has a contract with ICE [Business Insider]
CAPGEMINI SE UNSP/ADR (CGEMY)
NASDAQ:AMEX Investor Relations:
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Capgemini plans to sell a US subsidiary over its ICE contract. French lawmakers pressured the company about its subsidiary's business with ICE. Anti-ICE protests in the US and abroad have intensified after recent shootings. French tech giant Capgemini is divesting a US subsidiary that held a contract with US Immigration and Customs Enforcement In a press release on Sunday, Capgemini said that "legal constraints" stopped it from controlling this subsidiary's operations. Capgemini has come under pressure from French lawmakers and its trade union over a contract its subsidiary signed with ICE. Capgemini Government Solutions has been under contract since December to provide software that can detect and locate foreign nationals, public records showed. Last week, Capgemini's CEO Aiman Ezzat wrote on LinkedIn that the company was recently made
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- Companies are ditching business with ICE [Yahoo! Finance]Yahoo! Finance
- Companies are ditching business with ICE [CNN]CNN
- Companies are ditching business with ICE [CNN]CNN
- Capgemini to divest US government subsidiary amid regulatory constraints [Yahoo! Finance]Yahoo! Finance
- A $26 billion software company is selling a US unit that has a contract with ICE [Yahoo! Finance]Yahoo! Finance