Tag Archives: Cognizant

ABN AMRO Clearing Selects Cognizant as Strategic Partner

ABN AMRO Clearing Selects Cognizant as Strategic Partner

Cognizant announced that it has been selected by ABN AMRO Clearing (AACB), as its strategic partner to cloud-enable its global IT infrastructure and lay the foundation for digital transformation. This will enable AACB to increase operational resilience and application availability, enhance speed and agility in managing market volatility, and lower capital investment and operating costs.

Cognizant Names Betsy Atkins and John Dineen to Board of Directors

Cognizant  announced that Betsy S. Atkins and John M. Dineen have been elected to its Board as new independent directors. Ms. Atkins, 63, has been the CEO of venture capital firm Baja LLC, a company she founded, and was previously Chairman and Chief Executive Officer of Clear Standards, Inc., a provider of energy management and

Cognizant Acquired Brilliant Service

Cognizant announced the acquisition of Brilliant Service Co. Ltd.. Brilliant Service helps organizations build connected businesses by leveraging innovative smart device solutions. The company provides end-to-end Android/iOS applications, embedded software, user experience design and online-to-offline services to major corporations in Japan, who are seeking to create engaging customer experiences. As part of the acquisition, a team

Cognizant Launches $1.5 Billion Accelerated Share Repurchase

Cognizant Technology Solutions Corporation announced that it has entered into accelerated share repurchase (“ASR”) agreements with Barclays Bank PLC, Citibank N.A., and UBS AG, London Branch to repurchase an aggregate of $1.5 billion of Cognizant’s Class A common stock. Under the terms of the ASR agreements, approximately 21.5 million of the shares to be repurchased

Cognizant Acquires Brilliant Service

Cognizant  announced the acquisition of Brilliant Service Co. Ltd. Founded in 2004, Brilliant Service helps organizations build connected businesses by leveraging innovative smart device solutions. The company provides end-to-end Android/iOS applications, embedded software, user experience design and online-to-offline services to major corporations in Japan, who are seeking to create engaging customer experiences. As part of

Cognizant Signs Cooperation Agreement

Cognizant Technology Solutions Corporation recently announced that it has entered into a cooperation agreement with Elliott Management “Elliott”. Pursuant to the terms of the cooperation agreement, the Cognizant Board of Directors has agreed to continue the ongoing process of refreshing the Board by appointing three new independent directors, two of which will be named prior

Cognizant Acquired Adaptra

Cognizant had entered into an agreement to acquire Adaptra. The acquisition strengthens Cognizant’s deep insurance, business transformation and platform capabilities to help clients succeed in a technology- and data-intensive world. As part of the acquisition, approximately 100 professionals will join Cognizant. The terms of the transaction were not disclosed. “Increasingly, insurers around the world are looking

Cognizant Expands its Footprint

Cognizant  announced the expansion of its operations in the Kingdom of Saudi Arabia (KSA) with the opening of a new office in Riyadh. Cognizant’s expanded presence in KSA will enhance its existing operations in the Middle East and further enable Cognizant’s clients to leverage the technical and business capabilities available in the region for building

Klockner & Co Selects Cognizant as Strategic Partner

Cognizant today announced that it has been selected by German-based Klockner & Co, as a strategic partner for IT services to support Klöckner & Co’s IT strategy and digitization of operations across Europe. Under a multi-year, multi-million dollar agreement, Cognizant will consolidate and manage Klöckner & Co’s IT services as part of the company’s enterprise-wide strategy.

Cognizant to Acquire Mirabeau BV

Cognizant today announced that it has entered into a definitive agreement to acquire privately-held Mirabeau BV based in Amsterdam. The acquisition will expand Cognizant’s digital business capabilities in the Netherlands and across Europe. The terms of the transaction were not disclosed. With the close of the acquisition, approximately 260 specialists from Mirabeau will become a

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