Announced
Synopsis
Cognizant, an American multinational technology company, agreed to acquire 3Cloud, a dedicated Microsoft Azure services provider, from Gryphon Investors, a middle-market private investment firm. Financial terms are not disclosed. "This acquisition marks a pivotal step in Cognizant's strategy to empower our clients for the future of enterprise AI. 3Cloud's deep Azure expertise, industry-aligned approach and longstanding Microsoft partnership will enable us to deliver even greater value to our clients as they accelerate their AI journeys. Together, we are poised to set a new standard for innovation and impact in the Azure ecosystem," Ravi Kumar S, Cognizant CEO.
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