04:33 PM EDT, 09/13/2024 (MT Newswires) -- CGI Inc. (GIB-A.TO) on Friday said CGI Federal, its U.S. unit completed the acquisition of Aeyon, a company involved in digital transformation and Artificial Intelligence technologies for the U.S. Federal government.

The company first announced the acquisition on July 31. The price it paid for Aeyon was not disclosed.

The acquisition complements and expands CGI's offerings portfolio as well as relationships with critical U.S. national security clients, such as the Office of the Secretary of Defense, multiple branches and agencies of the U.S. military, the Federal Aviation Administration and NASA, the company said.

"Aeyon's commitment to delivery excellence and integrity aligns seamlessly with CGI's values, culture and delivery excellence track record," said CGI President, U.S. Federal Market, Stephanie Mango. "This merger enhances our capabilities and reinforces our shared dedication to helping our clients advance their missions."

The company's shares closed up $0.88 to $157.17 on the Toronto Stock Exchange.