Cognizant Acquires Mobica
January 23, 2023
Cognizant has agreed to acquire Mobica, a Manchester-based IoT and embedded software engineering services provider, to broaden its IoT and product engineering capabilities. The deal adds nearly 900 people across Europe and North America (including ~550 engineers in Poland); the acquisition is expected to close in February 2023 and financial terms were not disclosed.
- Buyers
- Cognizant
- Targets
- Mobica
- Industry
- IT Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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