Cognizant Acquires Devbridge to Expand Digital Engineering Capabilities
December 7, 2021
Cognizant has agreed to acquire Devbridge, a Chicago‑headquartered digital product and technology consultancy, to expand its software product engineering capabilities and global delivery footprint. The deal adds more than 600 engineers, designers and product managers across Lithuania, Poland, the United States, the United Kingdom and Canada; Devbridge employees will join Cognizant Softvision. Financial terms were not disclosed and the transaction was expected to close in late 2021.
- Buyers
- Cognizant
- Targets
- Devbridge
- Industry
- Software
- Location
- Illinois, United States
- Transaction Type
- Buyout
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