Cognizant Completes Acquisition of Devbridge, Expands Product Engineering Capabilities
TEANECK, N.J., Dec. 9, 2021-Cognizant (Nasdaq: CTSH) has completed its acquisition of Devbridge, a privately-held software consultancy and product development company headquartered in Chicago.
Devbridge's cross-functional team of software product engineering professionals uses collaborative techniques and proprietary tools to deliver product design and development, service design, software engineering maturity, data strategy, and legacy modernization for their clients in financial services, healthcare, hospitality, logistics, and manufacturing.
The acquisition expands Cognizant's software product engineering capabilities and global delivery footprint by adding more than 600 engineers, designers and product managers in Lithuania, Poland, United States, United Kingdom, and Canada.
Learn more about Cognizant's acquisition of Devbridge here.
AcquisitionsPractice-Area > Cognizant Digital Business
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Cognizant Technology Solutions Corporation published this content on 09 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 December 2021 21:51:20 UTC.
Cognizant Technology Solutions Corporation is one of the world's leading service providers in information technology. The group's activity is organized primarily around 2 areas:
- design and integration of solutions and systems: design and management of technical infrastructures, development of Internet solutions (portals, commerce sites, etc.), integration of ERP solutions, deploying decision-making applications. Moreover, the group offers technological consulting services;
- maintenance services.
Net sales break down by market as follows: financial services (30%), health care (29.3%), communication/media/technology (16.8%), and other (23.9%).
Net sales are distributed geographically as follows: North America (73.7%), the United Kingdom (9.7%), Europe (9.9%), and other (6.7%).