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
Latest Funding Round
Last Known Valuation
$***** as on Feb 15, 2018
Investors
Ranked
616th among 135698 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2022
Employee Count
3,121 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Avento (Aug 09, 2023)
Legal entities associated with Computer Task Group
Computer Task Group is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CTG OF BUFFALO, INC. CIN: 2793847 , United States, Active | Jul 25, 2002 | - | - | - |
COMPUTER TASK GROUP INC CIN: 23111 , United States, Active | Jul 13, 1986 | $100M - $500M (As on Dec 31, 2022) | - | - |
Cleaning Technologies Group, Llc CIN: 205572346 , United States, Active | Dec 31, 1999 | - | 175 (As on Dec 31, 2024) | - |
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 |
View details of Computer Task Group's funding rounds and investors
Computer Task Group's founders and board of directors
Founder? Claim ProfileComputer 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 81/100 | |
2nd | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
3rd | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
4th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 74/100 | |
5th | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
6th | Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 73/100 | |
7th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
8th | Consulting and implementations company | $23.9M | 73/100 | ||
9th | Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 73/100 | |
10th | Provider of IT consulting, technology, and outsourcing services | - | 73/100 | ||
616th | 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:
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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) |
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
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.
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CTG Earns Microsoft’s Highest Copilot Jumpstart Partner Recognition, Helping Clients Accelerate AI Adoption and Business ValueBusiness Wire•Aug 04, 2026•Computer Task Group
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CTG Appoints Stefanie DeSantis as Chief Marketing Officerintelligence360•Jul 21, 2026•Computer Task Group
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CTG Appoints Alan Gabriola Vice President of HealthcareBusiness Wire•May 11, 2026•Computer Task Group
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Tom Niehaus Appointed as CEO of CTG, a Cegeka Group CompanyBusiness Wire•Jan 22, 2026•Computer Task Group
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CTG Partners with Hippocratic AI to Bring Safe, Patient-Focused Agentic AI to U.S. Healthcare OrganizationsBusiness Wire•Nov 10, 2025•Hippocratic AI, Computer Task Group
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CTG's Buffalo Headquarters Expands After AcquisitionThe Business Journals•May 05, 2025•Computer Task Group
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CTG Appoints Dan Stoke Vice President of U.S. Healthcare BusinessBusiness Wire•Mar 14, 2025•Computer Task Group
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Cegeka Launches Microsoft Dynamics Practice for Americas Pharmaceutical and Life Sciences MarketBusiness Wire•Feb 18, 2025•Computer Task Group, Avento
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CTG Announces Retirement of Long-Term Leader and National Search for U.S. Healthcare ExecutiveBusiness Wire•Dec 19, 2024•Computer Task Group
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