Cognizant Technology Solutions on Tuesday entered into an agreement to acquire AustinCSI, a digital transformation consultancy specialising in enterprise cloud and data analytics advisory services. This acquisition complements Cognizant’s technology prowess and vertical industry expertise, enriching its advisory capabilities for delivering comprehensive digital strategy as well as innovative solutions to clients.
Related Stories
Subbu is the new Group CEO of ad major MullenLowe Lintas group
He will also continue in his role as chief strategy officer for the APAC region for the group
The transaction is expected to close in the fourth quarter of 2022, subject to satisfaction of closing conditions. Financial details were not disclosed, said a Cognizant release.
Know the company
Based in Dallas, Texas, AustinCSI provides consulting services for Fortune 500 clients across industries. The privately held company has more than 175 consultants who design and deliver cloud and automation solutions, leveraging data to help businesses improve their decision-making and deliver better customer experiences and business outcomes.
Related Stories
Firms and employees should work as partners for the economy to be vibrant: Azim Premji
Gig work increases productivity and flexibility for the companies, Premji said
Adding AustinCSI’s enterprise cloud and data analytics expertise supports Cognizant’s strategic focus on expanding its consulting practice and advisory capabilities to provide clients with end-to-end digital transformation strategy and industry-led solutions. Cognizant also continues to invest in expanding capabilities in four key technology areas: data and artificial intelligence, cloud, digital engineering, and Internet of Things, the release said.
SHARE
Published on November 29, 2022
