Cognizant Acquires New Signature
July 28, 2020
Cognizant announced it will acquire New Signature, a leading Microsoft-focused cloud transformation specialist, to form a new Microsoft Business Group and expand Cognizant's hyperscale cloud advisory and managed services capabilities. The deal (financial terms undisclosed) will bring New Signature’s more than 500 cloud experts into Cognizant and is expected to close in Q3 2020, subject to regulatory approvals.
- Buyers
- Cognizant
- Targets
- New Signature
- Industry
- IT Services
- Location
- District of Columbia, United States
- Transaction Type
- Buyout
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