Cognizant to acquire ESG Mobility.

Cognizant, an American multinational technology company that provides business consulting, agreed to acquire ESG Mobility, a digital automotive engineering R&D provider. Financial terms were not disclosed. "The automotive industry is undergoing a fundamental shift, embracing new mobility concepts that rely heavily on software, connectivity and artificial intelligence. Our priority is providing clients with the capabilities they need to compete as modern digital businesses, and ESG Mobility is a natural complement to our existing connected mobility offerings and global delivery model. This acquisition will empower our clients to innovate more quickly in shaping the future of transportation. We look forward to welcoming ESG Mobility's talented team to Cognizant," Malcolm Frank, Cognizant President of Digital Business and Technology.