Articles about Logica

Royal coat of arms on a court building. Pic: Elliott Brown

Ex-Logica beancounter pleads guilty to insider trading

A financial planning manager at the outsourcer formerly known as Logica has today pleaded guilty to three instances of insider dealing. Ryan Willmott made £30,000 by obtaining information relating to the £1.7bn takeover of Logica by Canadian outsourcer CGI, which was announced on 31 May 2012. The case against Willmott was …
Kat Hall, 26 Feb 2015
Barack Obama in the Oval Office

Revenues dip at CGI Group: It was Obamacare that did it

Revenue at Canadian outsourcer CGI Group dipped by four per cent in the first quarter of 2015 to $2.5bn (£1.7bn), compared with the same period in 2014. Meanwhile earnings rose by 24 per cent to $236m (£156m). CGI attributed its first-quarter revenue drop to a one-off spike from its Obamacare IT contract last year. The …
Kat Hall, 29 Jan 2015
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SUPER-SUEBALL heading IBM's way in Australia

IBM's Australian is about to be handed statement of claim over the failed health payroll project in the State of Queensland. The project initially had a budget of AU$6 million, but that blew out to $27 million. Things snowballed from there, with the project eventually costing well over a billion dollars and an inquiry finding …
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Former BT and IBM GS president rocks up at Logicalis

Logicalis Group has brought in former Logica and BT exec Gary Bullard as CEO to replace outgoing boss Ian Cooke, who is set to retire from the role and become the firm's non-exec chairman. The network integrator will usher in the new big cheese from next month as "CEO designate" but Cooke does not leave until 1 March. The …
Paul Kunert, 14 Nov 2013
The Register breaking news

Pirate Bay co-founder named in probe into Logica, tax office hacks

Gottfrid Svartholm Warg, a co-founder of download haven The Pirate Bay, is back in Sweden - and now faces allegations of playing a role in an attack on the country's taxmen and IT consultancy biz Logica. Warg was holed up in Cambodia when he was arrested on an international warrant obtained by Swedish officials and flown home …
Kelly Fiveash, 11 Sep 2012
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Former Gov.UK sweetheart Logica evaporates after CGI swills it down

CGI's completion of its acquisition of Logica will see the departure of the company from the Stock Exchange at the end of this week and effectively the end of the Logica brand. CGI recently announced that it has completed the £1.7bn acquisition after Logica shareholders voted 99.54% in favour of CGI's offer at a shareholders …
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CGI Group beds Logica in £1.7bn cash deal

Anglo-Dutch tech group Logica is being scooped up by Canada's CGI Group in a £1.7bn cash deal. The acquisition, expected to complete in September this year, was agreed by the European wing of IT outsourcing company CGI. Shares in Reading-headquartered Logica rocketed more than 60 per cent following the news, with an opening …
Kelly Fiveash, 31 May 2012
The Register breaking news

Fujitsu, TalkTalk bag Post Office contract spurned by BT

Fujitsu and its strategic partner TalkTalk have won a contract that could be worth £500m to supply a broadband network to the Post Office. BT had been the Post Office's previous provider, having inked a four-year deal in May 2007 with the national telco's wholesale wing supplying kit and customer support to make the national …
Kelly Fiveash, 25 May 2012
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Logica's UK order book crashes by 80 per cent

Logica's UK outsourcing ordering book took a hammering in Q1, falling 80 per cent year-on-year – albeit against a strong 2011. At group level the integrator turned over £971m in sales during calendar Q1, down 1 per cent year-on-year. The pipeline slid by nearly a quarter to £1.05bn and the outsourcing backlog was down 4 per …
Paul Kunert, 11 May 2012
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TfL tosses another $33m at CSC

Transport for London (TfL) has extended its outsourcing agreement with CSC. The extension, worth $33m, adds 27 months to the length of the original contract. Under the agreement, CSC will continue to provide TfL with IT services such as service desk, desktop support and delivery of real-time customer information at a number …
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Logica profits slump in 'much more difficult' 2011

Logica said its 2012 revenues could go up or down as it turned in full year 2011 figures that showed a massive drop in profits. The services giant reported full year consolidated revenues of £3.92bn for the year to December 31, up 6 per cent on the year. Consolidated pre-tax profits were £32.7m, a dramatic fall on the previous …
Joe Fay, 22 Feb 2012
The Register breaking news

Logica axes 1,300 jobs as profits set to be just £240m

Logica is cutting jobs across Europe as it tries to sell its wares in the increasingly gloomy IT services market. The company warned that it expected profit to now be in the range of £240m to £250m for the year, while Logica's revenue growth prediction for 2011 has also shrunk. It now expects a climb in sales to be around the …
Kelly Fiveash, 15 Dec 2011
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Logica profits hit by misers in public sector

Logica is continuing to shift its order book from the public sector toward the commercial markets following a tough first half-year that challenged margins and gave operating profits a pounding. The IT service provider and consultancy's sales for calendar H1 were up 5 per cent to just shy of £2bn and it expects similar growth …
Paul Kunert, 5 Aug 2011
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HP poaches latest ESSN EMEA boss from Logica

HP has nabbed Logica's chief client director Peter Ryan to operate as EMEA senior veep of the enterprise, servers, storage and networking (EESN) biz group. Ryan replaces previous incumbent Frederic Dussart, who quit the job after just three months and handed over the reins on an interim basis to Johan Deschuyffeleer, SVP EMEA …
Paul Kunert, 5 Jul 2011
The Register breaking news

Plods roll out new Police National Database

The National Policing Improvement Agency, in charge of central British police databases, has announced the rollout of the new Police National Database, an intelligence-sharing tool designed to let coppers access information across force boundaries – a thing which was very difficult to do until now. "In many cases forces have …
Lewis Page, 23 Jun 2011
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Logica ups revs and orders

Logica had a decent first quarter and grew revenues by 5 per cent to £978m, compared to £932m last year. The reseller said orders were up 29 per cent to £1,4m. Logica's consulting and professional services division stayed steady after nine quarters of falling revenues. Outsourcing was up 13 per cent and commercial sectors up …
John Oates, 4 May 2011

Network failure closed hospitals to ambulance admissions

University College London hospitals trust (UCLH) has launched an investigation after a network glitch led to the closure of A&E to blue light traffic. The problem also led to cancellations of operations. The trust was last month forced to halt a number of services, including the cancellation of 50 per cent of its operations, …
Kable, 30 Mar 2011
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Logica nets ten-year police deal

The Serious Organised Crime Agency has signed a ten-year deal with Logica to outsource its IT and case management systems. Alongside Logica, Detica, Qinetiq and Cable & Wireless will also provide the police with services. The £157m contract will give Soca improved ways to collaborate with partners, better use of intelligence …
John Oates, 11 Jan 2011

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