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Computer Task Group - About the company

Computer Task Group is an acquired company based in Buffalo (United States), founded in 1966. It operates as an IT services and solutions empowering digital agility for evolving business needs. Computer Task Group has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 135698 active competitors, including 975 funded and 7688 that have exited. Its top competitors include companies like IBM, UST and Infosys.

Company Details

IT services and solutions empowering digital agility for evolving business needs. The company delivers comprehensive IT services and solutions, enabling clients to seize opportunities and overcome challenges in a dynamic world. They offer hybrid cloud solutions, data and AI services, regulatory compliance, cybersecurity, digital workplace solutions, and quality engineering. Their expertise extends to application services, business applications, 5G and mobile private networks, and software platforms. They provide IT team extension, outsourcing, managed services, and consultancy. Industry-tailored services address specific challenges in agriculture, food, energy, pharma, manufacturing, and mobility. They offer insights through case studies, corporate news, blogs, webinars, e-books, and an academy. They focus on digital transformation, cloud, advisory, data, service desk, talent, automation, infrastructure, business solutions, testing, and cybersecurity. They serve healthcare, finance, energy, logistics, manufacturing, pharma, and government sectors.
Key Metrics
Founded Year
1966
Location
Buffalo, United States
Stage
Acquired
Last Known Valuation
$***** as on Feb 15, 2018
Investors
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2022
Employee Count
3,121 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Avento (Aug 09, 2023)

Computer Task Group's acquisition details

Computer Task Group got acquired by Avento on Aug 09, 2023.
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Computer Task Group's funding and investors

Computer Task Group has raised funding over 2 rounds. Its first funding round was on Sep 22, 2016. Its latest funding round was a Grant (prize money) round on Sep 01, 2022 for $*****. 1 investor participated in its latest round. Computer Task Group has 2 institutional investors.

Here is the list of recent funding rounds of Computer Task Group:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 01, 2022
9550057
Grant (prize money)
5500752
6371195
5459111
7222959
Sep 22, 2016
4928650
Grant (prize money)
2224158
5774024
5637154
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Computer Task Group's founders and board of directors

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Computer Task Group's employee count trend

Computer Task Group has 3,121 employees as of Sep 26. Here is Computer Task Group's employee count trend over the years:
Employee count trend for Computer Task Group
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Computer Task Group's Competitors and alternates

Top competitors of Computer Task Group include IBM, UST and Infosys. Here is the list of Top 10 competitors of Computer Task Group, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
81/100
2nd
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
3rd
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
4th
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
74/100
5th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
73/100
6th
Logo for Happiest Minds Technologies
Happiest Minds Technologies
2011, Bengaluru (India), Public
Provider of IT suite services
$64.8M
73/100
7th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
73/100
8th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
73/100
9th
Logo for Sutherland
Sutherland
1986, Pittsford (United States), Late Stage
Provider of business process and technology management services
$60M
73/100
10th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
73/100
616th
Logo for Computer Task Group
Computer Task Group
1966, Buffalo (United States), Acquired
IT services and solutions empowering digital agility for evolving business needs
-
46/100
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Computer Task Group's Investments and acquisitions

Computer Task Group has not made any investments yet. Computer Task Group has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 29, 2022
Acquisition
2004
Richardson (United States)
Mar 03, 2020
Acquisition
2011
Marseille (France)
Jan 03, 2019
Acquisition
2007
Bertrange (Luxembourg)
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See all acquisitions by Computer Task Group

Reports related to Computer Task Group

Here is the latest report on Computer Task Group's sector:

News related to Computer Task Group

lockFilter this list
Media has covered Computer Task Group for a total of 5 events in the last 1 year, 3 of them have been about people movement and 1 about partnerships.
•
CTG Appoints Stefanie DeSantis as Chief Marketing Officerintelligence360•Jul 21, 2026•Computer Task Group
•
CTG Appoints Alan Gabriola Vice President of HealthcareBusiness Wire•May 11, 2026•Computer Task Group
•
Tom Niehaus Appointed as CEO of CTG, a Cegeka Group CompanyBusiness Wire•Jan 22, 2026•Computer Task Group
•
CTG Becomes a GS1 US Solution PartnerBusiness Wire•Jun 06, 2025•Computer Task Group, GS1 US
•
CTG's Buffalo Headquarters Expands After AcquisitionThe Business Journals•May 05, 2025•Computer Task Group
•
CTG Appoints Dan Stoke Vice President of U.S. Healthcare BusinessBusiness Wire•Mar 14, 2025•Computer Task Group
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