Announced
Completed
Financials
Sources
Tags
United States
Domestic
Private
Acquisition
Majority
Friendly
IT Services: Other
Single Bidder
Completed
it services
Private Equity
Synopsis
Cognizant, an information technology services and consulting company, completed the acquisition of Utegration, a full-service consulting and solutions provider specializing in SAP technology. Financial terms were not disclosed. "We believe Utegration's rich industry expertise and differentiated portfolio of energy and utilities-focused products and accelerators is a perfect complement to our SAP practice. In bringing together Utegration's experienced, specialist team with our global scale in SAP and digital transformation, we have a strong new set of capabilities designed to address the market's critical transformation needs," Rob Vatter, Cognizant Executive Vice President.
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