Cognizant announced it has agreed to acquire Houston-based Utegration LLC, a full-service consulting and solutions provider specializing in SAPtechnology and SAP-certified products for the energy and utilities sectors. Cognizant will gain approximately 350 employees in North America and India upon the close of the acquisition. The acquisition is expected to close by year-end 2022, subject to satisfaction of closing conditions. Financial details were not disclosed.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CTSH:
- Tech Stocks Under Pressure; Here are 3 to Pick Up at Bargain Prices
- Cognizant Expands SAP Capabilities for Energy and Utilities Clients with Acquisition of Utegration
- Cognizant to Acquire AustinCSI, a Premier Digital Transformation Consultancy
- Cognizant to acquire consultancy AustinCSI; terms not disclosed
- Cognizant Tanks on Dismal Q3; Major Downgrades