{{Short description|American IT staffing company}} {{Infobox company | name = Computer Task Group, Inc. | type = Subsidiary | traded_as = {{NASDAQ was|CTG}} | logo = File:CTG Logo 2024.svg | industry = {{ublist|Computer software|IT consulting|IT staffing}} | founded = {{Start date and age|1966}} | location = Buffalo, New York, United States | revenue = {{Increase}} US$ 394.2 million<ref name="annual" /> | revenue_year = 2019 | operating_income = {{nowrap|{{Increase}} US$ 6.9 million<ref name="annual" />}} | income_year = 2019 | net_income = {{nowrap|{{Increase}} US$ 4.1 million<ref name="annual" />}} | net_income_year = 2019 | assets = {{nowrap|{{Increase}} US$ 158.7 million<ref name="annual" />}} | assets_year = 2019 | equity = {{nowrap|{{Increase}} US$ 66.2 million<ref name="annual" />}} | equity_year = 2019 | key_people = {{ublist |Filip Gydé (Retired)(CEO)|John Laubacker (Retired) (CFO)<ref name="yahoo">{{cite web|title=CTG Profile Computer Task Group, Incorporat Stock|url=https://finance.yahoo.com/q/pr?s=CTG+Profile|website=finance.yahoo.com|publisher=Yahoo! Finance|accessdate=12 April 2016}}</ref>}} | num_employees = 3,950<ref name="annual" /> | num_employees_year = 2019 | parent = Cegeka (2023–present) | owner = | website = {{url|https://www.ctg.com/}} }} '''Computer Task Group, Inc.''' (commonly referred to as '''CTG''') is an American multinational company headquartered in Buffalo, New York, that provides information technology staffing. December 2023, it was announced that Cegeka concluded the purchase of the majority stake (74%) in CTG.<ref>{{Cite web|url=https://buffalonews.com/news/local/business/dutch-it-firm-wraps-up-its-acquisition-of-computer-task-group/article_dfbe28ac-99c1-11ee-aa0f-77dddceb031d.html|title= Dutch IT firm wraps up its acquisition of Computer Task Group |work=The Buffalo News|access-date=2023-12-21|language=en}}</ref>
==History== Initially known as Marks-Baer Inc. (MBTI), the company was founded in 1966 by Randolph A. Marks and G. David Baer, two former employees of IBM, in Buffalo, New York.<ref name="history">{{cite book|title=International Directory of Company Histories|last=Kepos|first=Paula|chapter=CTG, Inc.|volume=11|date=1995|publisher=St. James Press|location=Detroit|pages=64–66}}</ref> MBI's initial market was the medical industry, since both founders had experience in that area.
A year after its staff grew to 20 employees and its name was changed to Computer Task Group Inc. (CTG), the firm went public in 1969. Six years later, it decided to become a national company.<ref>{{cite news|work=Management Review|issue=11|volume=78|last=Gilbert|first=Nathaniel|title=The Company that Acquisition Built|date=November 1, 1989|page=19}}</ref> CTG accelerated growth through acquisitions beginning in 1980 and within 5 years, acquired 15 companies.
In 1986, it made its first international acquisition, Shubrook International, Ltd., a software consulting firm based in Chertsey, England.<ref name="shubrooks" /> In 2018, five years after purchasing {{proper name|etrinity N.V.}}, a healthcare IT company in Belgium,<ref name="etrinity" /> CTG acquired Soft Company, a consulting and digital services company headquartered in Paris, France.<ref name="soft company" />
In August 2023, it was announced CTG had been acquired by the Hasselt-headquartered IT services and consultancy company, Cegeka for $107 million.<ref>{{Cite web |date=2023-08-14 |title=Cegeka to acquire CTG for $107m to boost North America and Europe offering |url=https://www.channelweb.co.uk/news/4122160/cegeka-acquire-ctg-usd107m-boost-north-america-europe-offering |access-date=2023-08-14 |website=www.channelweb.co.uk |language=en}}</ref> In December, it was announced that the acquisition had been completed.
===Acquisitions=== {{div col|colwidth=30em}} * Diversified Systems Inc. (1983)<ref>{{cite news|newspaper=The New York Times|department=Section D|page=3|date=March 25, 1983|title=Briefs|url=https://www.nytimes.com/1983/03/25/business/briefs-056534.html}}</ref> * Automated Business Systems, Inc. (1983)<ref>{{cite news|newspaper=Computerworld|title=Mergers & Acquisitions|date=August 15, 1983|page=94|issue=33|volume=17}}</ref> * Berger, Vernay & Co. (1985)<ref>{{cite news|newspaper=Computerworld|date=April 22, 1985|page=101|title=Mergers and Acquisitions|volume=19|issue=16}}</ref> * Delta Force Inc. (1985)<ref>{{cite news|newspaper=The New York Times|department=Section D|page=5|date=September 25, 1985|title=Briefs|url=https://www.nytimes.com/1985/09/25/business/briefs-030025.html}}</ref> * Documentation Resources, Inc. (1986)<ref>{{cite news|newspaper=Computerworld|date=February 3, 1986|title=Mergers and Acquisitions|page=100|volume=20|issue=5}}</ref> * Shubrooks International, Ltd. (1986)<ref name="shubrooks">{{cite news|newspaper=Computerworld|title=Mergers and Acquisitions|date=September 1, 1986|volume=20|issue=35|page=94}}</ref> * Applied Management Systems, Inc. (1988)<ref>{{cite news|newspaper=Computerworld|title=Mergers & Acquisitions|date=October 17, 1988|page=117|issue=42|volume=22}}</ref> * Connolly Data Systems Inc. (1990)<ref name="rendeck">{{cite news|newspaper=Datamation|last=Semich|first=J. William|title=Computer Task Group Inc.|date=June 15, 1992|page=149|issue=13|volume=38}}</ref> * Telecommunications Management Consultants (1990)<ref name="rendeck" /> * Rendeck International N.V. (1990)<ref name="rendeck" /> * Elumen Solutions Inc. (1999)<ref>{{cite news|newspaper=The New York Times|date=February 2, 1999|department=Section C|page=4|title=Computer Consultant Moving into Health Care Data|url=https://www.nytimes.com/1999/02/02/business/company-news-computer-consultant-moving-into-health-care-data.html}}</ref> * {{proper name|etrinity N.V.}} (2013)<ref name="etrinity">{{cite news|newspaper=Buffalo Business First|first=David|last=Bertola|title=CTG Buy European Health IT Company|date=February 1, 2013|url=http://www.bizjournals.com/buffalo/news/2013/02/01/ctg-buys-european-health-it-company.html}}</ref> * Soft Company (2018)<ref name="soft company">{{cite web|website=Buffalo Business First|title=Buffalo-based CTG buys SOFT Company of Paris|date=February 15, 2018|url=https://www.bizjournals.com/buffalo/news/2018/02/15/ctg-buys-french-company-in-16-5-million-cash-deal.html}}</ref> * Tech-IT (2019)<ref>{{cite web|first=Ty|last=Trumbull|title=CTG Acquires Solutions Provider Tech-IT for $10.3 Million|website=ChannelE2E|url=https://www.channele2e.com/investors/mergers-acquisitions/ctg-buys-tech-it/|accessdate=November 2, 2019|date=January 3, 2019}}</ref> {{div col end}}
===Divestitures===
* Profimatics Inc. (1994)<ref>{{cite news|newspaper=Los Angeles Times|department=Business|page=9|last=Searles|first=Jack|title=Honeywell in $17-Million Deal for Profimatics|url=https://www.latimes.com/archives/la-xpm-1994-06-21-fi-6710-story.html|date=June 21, 1994}}</ref>
==Services== CTG develops IT for companies in several industries including healthcare and technology services, and provides managed services IT staffing for technology companies and large corporations. The company concentrates on the financial services, telecommunications, government, industry, life sciences, and healthcare sectors. The scope of offered services includes development and integration, application management, information security, system and process assessment, and IT consulting.{{citation needed|date=October 2020}}
CTG Belgium created a software testing methodology called FASTBoX (Framework for Automated Software Testing Based On eXperience).
===Operations=== CTG operates in North America (US and Canada), Western Europe (Belgium, Luxembourg, United Kingdom and France), and India.<ref name="annual">{{cite web|title=2019 Annual Report|publisher=CTG|accessdate=December 23, 2020|url=https://investors.ctg.com/static-files/39df8082-9114-4f9c-8784-d585e0648a9f}}</ref> It counts about 451 clients; its largest clients are IBM and SDI International. As of December 2019, the company employs approximately 3,950 people worldwide, with 2,650 in the United States and Canada and 1,300 in Europe.
In 2018, the company operated 9 subsidiaries: {{div col|colwidth=30em}} * Computer Task Group of Canada, Inc. * Computer Task Group Belgium N.V. * CTG ITS S.A. * Computer Task Group IT Solutions, S.A. * Computer Task Group Luxembourg PSF * Computer Task Group (U.K.) Ltd. * CTG Health Solutions N.V. * Soft Company SAS (“Soft Company”) * Computer Task Information Technology Services Private Limited {{div col end}}
==References== {{Reflist|3}}
== External links == {{Official Website|https://www.ctg.com/}}
{{Authority control}} Category:International information technology consulting firms Category:Companies based in Buffalo, New York Category:Business services companies established in 1966 Category:Companies formerly listed on the Nasdaq Category:1966 establishments in New York (state) Category:2023 mergers and acquisitions