Cognizant Acquires Softvision LLC from Tower Arch Capital

Cognizant Acquires AustinCSI

November 29, 2022

Data & Analytics

Cognizant has agreed to acquire AustinCSI, a Dallas-based digital transformation consultancy specializing in enterprise cloud and data analytics advisory services. The acquisition—expected to close in Q4 2022—adds more than 175 consultants to Cognizant's consulting capabilities and strengthens its enterprise cloud, AI and data analytics advisory offerings for Fortune 500 clients across telecommunications, media, technology and automotive sectors.

InterVision Acquires Virtuosity Consulting

March 24, 2022

IT Services

InterVision, an IT managed services and strategic services provider, acquired Virtuosity Consulting, a global technology consulting firm focused on digital transformation services. The deal is intended to expand InterVision’s global reach and onshore/offshore capabilities while deepening technical expertise and adding offerings such as automation, software engineering, system integration, and Web3/digital intelligence services.

Cognizant Acquires Devbridge to Expand Digital Engineering Capabilities

December 7, 2021

Software

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.

Cognizant Acquires New Signature

July 28, 2020

IT Services

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.

Cognizant Acquires Collaborative Solutions

June 10, 2020

IT Services

Cognizant has entered into an agreement to acquire Collaborative Solutions, a global Workday-focused finance and HR transformation consultancy headquartered in Reston, Virginia. The acquisition expands Cognizant's cloud offerings and adds deep Workday advisory, implementation and managed-services capabilities; financial terms were not disclosed and the deal was expected to close in Q2 2020.

Softvision Acquires Arrow Digital

July 24, 2018

IT Services

Softvision LLC has acquired Arrow Digital, a West Palm Beach-based digital consulting firm with ~160 technologists, to strengthen Softvision's robotic process automation (RPA) capabilities and Financial Services expertise. 7 Mile Advisors served as exclusive sell-side advisor; Tower Arch Capital is identified as the lead investor in Softvision.