Cognizant Technology Solutions Corporation (NasdaqGS:CTSH) entered into an agreement to acquire Thirdera, LLC from Sunstone Partners Management, LLC on December 13, 2023. The acquisition is expected to close in January 2024, subject to satisfaction of closing conditions.

Cognizant Technology Solutions Corporation (NasdaqGS:CTSH) completed the acquisition of Thirdera, LLC from Sunstone Partners Management, LLC for $430 million on January 23, 2024. As per the terms, Marc Talluto and Jason Wojahn will join Thirdera, LLC. Lazard, Inc. (NYSE:LAZ) acted as a financial advisor, Robert M. Buchanan, Rees M. Hawkins, David Mollo-Christensen, T.J. Murphy, Elizabeth Powers, Kevin M. Sarro, Stefano A. Sharma and Daniela Badiola Spanos of Choate, Hall & Stewart LLP acted as a legal advisors and RSM US LLP acted as a accountant to Sunstone Partners Management, LLC and Thirdera, LLC. Ashwath Rau and Atreya Bhattacharya of AZB & Partners acted as legal advisor to Cognizant Technology Solutions Corporation (NasdaqGS:CTSH)