Press Release February 24, 2016

Fahrenheit 212 Acquired by Capgemini

After having served as long-time outside counsel to Fahrenheit 212, Goodwin Procter represented Fahrenheit in its recent acquisition by Capgemini. Fahrenheit 212 has become known as one of the world’s foremost innovation consultancies and was founded on the premise that innovation, as a systematized capability, can be both a learned discipline and a predictable driver of growth. Highly entrepreneurial and outcome-driven, Fahrenheit 212 has spent the last 12 years developing growth opportunities for clients such as The Coca-Cola Company, Marriott, and Citi. As part of the transaction, Fahrenheit 212 will contribute its specialized capabilities for innovation strategy and consumer-centric design to the broader offerings of Capgemini Consulting worldwide. The acquisition is an important one in the world of consulting. It opens growth opportunities for both companies through their combined capabilities, and will accelerate Capgemini Consulting's ability to define new products, services and experiences for clients, while Fahrenheit 212 gains access to international implementation strengths and the Group's global network of Applied Innovation Exchanges. Financial terms of the transaction were not disclosed.

Fahrenheit 212 is a global innovation strategy and design firm based in New York and London. The company helps clients grow their businesses by identifying, developing, designing and implementing profitable new products and services.

Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services, with more than 180,000 people in over 40 countries.

The Goodwin team was led by Technology Companies partner Lawrence Chu and included associates Nathan Hagler, Natalie Martirossian, Elizabeth Telefus and Korey Anvaripour.

For more details on the transaction, please see the press release.