Announced
Completed
Financials
Tags
Acquisition
Friendly
Private Equity
digital technology consulting
Majority
Single Bidder
France
Private
Digital Services
Cross Border
Completed
Synopsis
Cognizant, an American multinational corporation that provides IT services, including digital, technology, consulting, and operations services, completed the acquisition of EI-Technologies, a Paris-based, privately-held digital technology consulting firm, from LBO France, a private equity firm. Financial terms were not disclosed. "We're determined to help our clients become fully digital, data-enabled, customer-centric businesses. Cloud has changed the way IT is delivered across infrastructure, applications and platforms, and is one of our strategic focus areas. EI-Technologies, based in France, would not only support our effort to further scale our international business but also add Salesforce expertise and capabilities to our cloud management portfolio," Brian Humphries, Cognizant CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.