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New Deal


Announced

Completed

Cognizant completed the acquisition of Tin Roof Software.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

custom software

Acquisition

Single Bidder

software developer

enterprise software

Majority

solutions architecture

Software

United States

system integration

Domestic

Completed

Synopsis

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Cognizant, a professional services provider, completed the acquisition of Tin Roof Software, a custom software developer. Financial terms were not disclosed. "Delivering strategic, innovative solutions that drive tangible business outcomes is at the heart of our success. We look forward to our software product engineering experts joining Cognizant Softvision and connecting to Cognizant's global delivery model, complementing Cognizant's deep expertise in artificial intelligence, data, Internet of Things, cloud, and interactive experience," Daniel Gore, Tin Roof Software President and CEO.

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