FI has bought the remaining 80% of Synergy International Consulting for up to £28m, in order to expand its IT services business.
FI Group, the IT services group, is to change its name to Xansa in order to combine its businesses under a single brand.
FI Group is forming an alliance with Axa Sun Life for the supply of applications management services, which will involve the transfer to FI of 400 staff based in Bristol, Coventry and High Wycombe.
FI Group is opening a new £1m office in Edinburgh, as part of the ongoing expansion of its e-business activities in Scotland.
FI Group is to acquire Druid Group, the business software group, for £763m, in order to create a new force in the market for e-business and IT consulting.
FI is to acquire OSI Group, the business consulting and management services company, for £106m, as part of a strategy to expand its enterprise resource planning and outsourcing operations.
FI Group is acquiring IIS Infotech, the Indian software house, for £22m.
FI has won a £13m contract from the Department for Education and Employment for the outsourcing of its computer systems.
FI Group, the computer outsourcing company, is to float on the stock market in spring, at a value of about £60m.