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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Jun. 5, 6:20 PM

Slide #85. Cognizant Collaborative Solutions

Acquirer: Cognizant (NASDAQ:CTSH)
Acquiree: Collaborative Solutions
Details: Cognizant (Nasdaq: CTSH) today announced it has entered into an agreement to acquire Collaborative Solutions, a privately-held global consultancy specializing in Workday enterprise cloud applications for finance and human resources. The transaction is expected to close in the second quarter of 2020, subject to the satisfaction of certain closing conditions, including regulatory clearance. Financial details were not disclosed.

Cognizant Technology Solutions is a services company, transforming customers' business, operating and technology models for the digital era. Co.'s services include digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services and business process services. Additionally, Co. develops, licenses, implements and supports proprietary and third-party software products and platforms. Co. has organized its services and solutions into four practice areas: Digital Business, Digital Operations, Digital Systems and Technology and Consulting.

Cognizant Technology Solutions SEC Filing Email Alerts Service


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Company Name:  Cognizant Technology Solutions Corp.
Stock buyback:  CTSH buyback
Website:  www.cognizant.com
Sector:  Information Technology Services
Number of ETFs Holding CTSH:  100
Total Market Value Held by ETFs:  $3.75B
Total Market Capitalization:  $29.92B
% of Market Cap. Held by ETFs:  12.55%
 

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June 5, 2020    6:20 PM Eastern
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