Friday, 24 March, 2023

Cognizant makes 2 acquisitions in one day, spends $1.4 bn on 11 acquisitions

<p>Cognizant would acquire Linium, a cloud transformation consultancy group becoming 7th cloud-related acquisition since Jan 2020 and second acquisition in a single day after acquiring Servian. Cognizant made 11 acquisitions in the last year, investing $1.4 bn towards its digital focus areas of cloud, data and AI, digital engineering and IoT. Linium operates as the ServiceNow business unit of Ness Digital Engineering, a privately-held portfolio company.</p>