MONTREAL, Nov. 1, 2018 /CNW Telbec/ - Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) ("Alithya"), a leader in strategy and digital technologies, today announced the successful completion of the previously announced business combination between Alithya Group Inc. ("Alithya Canada"), a Québec private corporation, and Edgewater Technology, Inc. ("Edgewater"), a Delaware corporation listed on the NASDAQ Global Market (NASDAQ: EDGW). Pursuant to the business combination, each of Alithya Canada and Edgewater became a wholly owned subsidiary of Alithya.
As a result, Class A subordinate voting shares of Alithya ("Subordinate Voting Shares") will commence trading on the Nasdaq Capital Market (NASDAQ) and the Toronto Stock Exchange (TSX) under the ticker symbol "ALYA" on November 2, 2018.
‟I am very pleased that we have completed this transaction. This is a significant piece of our growth strategy, which is based on both organic and acquisitions, which will constitute a pillar in our ambition to become a leading North American firm in the consulting, transformation and digital technology solutions market," said Paul Raymond, President and CEO of Alithya. ‟Our Board of Directors and our management team strongly believe that the diversified expertise and skills of our 2,000 professionals will meet the strong market demand for innovative and agile technology partners with the scale to accompany them in their transformation challenges."
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