CGI Inc. is a Canadian multinational information technology consulting and systems integration company headquartered in Montreal, Quebec, Canada. The company went public in 1986 with a primary listing on the Toronto Stock Exchange. CGI is also a constituent of the S&P/TSX 60 and has a secondary listing on the New York Stock Exchange. As of 2022, CGI is based in forty countries with around 400 offices and employs approximately 88,000 people. Services provided by CGI as of 2018 include application services, business consulting, business process services, IT infrastructure services, IT outsourcing services, and systems integration services, among others. History 1970s-1980s: Early years CGI Inc. was founded as an IT consulting company on June 15, 1976, in Quebec City, Québec, by Serge Godin. Within several months he was joined by co-founder André Imbeau from Quebec City. They initially ran the business from Godin's basement with a single phone. Starting with one client, as the company grew in size the co-founders moved to Montreal, and by the end of their first year they had generated $138,000 in revenue. While CGI stands for "Conseillers en gestion et informatique" in French (which translates to "consultants in management and information technology" in English), the official English meaning would later become "Consultants to Government and Industry." In later years the company began to go to market as simply CGI. Throughout the 1970s, CGI focused on the information technology (IT) services market. Later in the 1970s, CGI branched into IT outsourcing. CGI's annual revenue in 1986 was $25 million, and the same year CGI went public with an initial public offering (IPO). 1990s: Doubling in size CGI earned ISO 9001 certification for their "project management framework" in 1994, and in doing so became the first IT consulting firm in North America to comply with the ISO quality standard. In 1995, CGI entered into a commercial alliance with the large telecommunications company Bell Canada, with Bell Canada purchasing CGI shares then valued at $18.4 million. By the end of 1996, CGI's annual revenue was $122 million. In 1997, CGI acquired the company CDSL Holdings Limited (CDSL). After the acquisition, CGI's employees in both Canada and internationally numbered 2,500. In 1998 CGI acquired the Canadian company Bell Sygma, a Bell Canada subsidiary, which almost doubled CGI's size. 2000s: Expansion into international markets CGI acquired IMRGlobal in 2001 for $438 million, which added "global delivery options" for CGI. In 2003,