Cognizant (Nasdaq: CTSH) announced today it has agreed to acquire
Linium, a cloud transformation consultancy group specializing in the ServiceNow platform and solutions for smart digital enterprise workflows. Linium, operating as the ServiceNow business unit of Ness Digital Engineering, a privately-held portfolio company of The Rohatyn Group, helps Fortune 100 clients and others leverage cloud technology to improve operational efficiency and user experience.
Completing this transaction will further accelerate Cognizant s cloud strategy, marking the company s seventh cloud-related acquisition since January 2020, and continued investment in expanding capabilities in the strategic focus areas of cloud, data and artificial intelligence, digital engineering, and Internet of Things. Including Linium, Cognizant has announced approximately $1.4 billion in acquisitions over the past 12 months in these areas.
By siliconindia | Tuesday, 12 January 2021, 03:56 Hrs Information technology company Cognizant on Monday announced to acquire Linium, a cloud transformation consultancy group its second acquisition in a single day after acquiring Servian, an Australia-based, enterprise transformation consultancy firm specialising in data analytics, Artificial Intelligence (AI), digital services and Cloud. Including the two fresh acquisitions, Cognizant has announced 11 acquisitions in the past 12 months an aggregate investment of approximately $1.4 billion in its strategic digital focus areas of cloud, data and artificial intelligence, digital engineering and Internet of Things. Completing the Linium transaction will further accelerate Cognizant s cloud strategy, marking the company s seventh cloud-related acquisition since January 2020.
Cognizant to acquire cloud transformation consultancy firm Linium
January 11, 2021 Cognizant Technology Solutions will acquire Linium a cloud transformation consultancy group specialising in the ServiceNow platform and solutions for smart digital enterprise workflows. This is the second acquisition that the US-based software company has announced on Monday, the other being Servian of Australia.
With the two acquisitions announced, Cognizant has signed 11 deals in the past 12 months with an aggregate investment of approximately $1.4 billion. This in its strategic digital focus areas of cloud, data and artificial intelligence, digital engineering, and Internet of Things, said a company press release.
The acquisition of Linium is expected to close in the first quarter of 2021. Financial details were not disclosed, the release said.
TEANECK, N.J. – January 11, 2021 – Ness , a global provider of digital transformation solutions and portfolio company of The Rohatyn Group (TRG), announced today that it has signed an agreement to sell Linium, a ServiceNow platform focused services provider that operated as a business unit of Ness, to Cognizant.
Information technology company Cognizant on Monday announced to acquire Linium, a cloud transformation consultancy group its second acquisition in a single day after acquiring Servian, an Australia-based, enterprise transformation .