Cognizant to Acquire Magenic Technologies
January 25, 2021
Cognizant Technology Solutions entered into an agreement to acquire Magenic Technologies, a privately held custom software development services company headquartered in Minneapolis, Minnesota. The acquisition is expected to expand Cognizant’s software product engineering footprint and bring Magenic’s agile, cloud, DevOps, and experience design capabilities into Cognizant Softvision.
- Buyers
- Cognizant Technology Solutions Corp (NASDAQ: CTSH)
- Targets
- Magenic Technologies
- Platforms
- Cognizant Softvision
- Industry
- IT Services
- Location
- Minnesota, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.