Cognizant completed the acquisition of Belcan from AE Industrial Partners for $1.3bn.

Cognizant, an information technology services and consulting company, completed the acquisition of Belcan, a global supplier of engineering, supply chain, technical recruiting, and information technology services, from AE Industrial Partners, a private equity firm, for $1.3bn. "We are delighted to officially welcome Belcan to Cognizant. We believe our combined capabilities, shared focus of providing value to our clients through distinctive technological expertise, and global scale and scope means we will be able to deliver high-quality solutions to a diverse mix of customers around the world," Ravi Kumar S., Cognizant CEO.