January 12, 2021
2 mins read

Cognizant acquires 2 firms in a day

Including the two fresh acquisitions, Cognizant has announced 11 acquisitions in the past 12 months — an aggregate investment of approximately $1.4 billion…reports Asian Lite News

Information technology company Cognizant on Monday announced to acquire Linium, a cloud transformation consultancy group — its second acquisition in a single day after acquiring Servian, an Australia-based, enterprise transformation consultancy firm specialising in data analytics, Artificial Intelligence (AI), digital services and Cloud.

Including the two fresh acquisitions, Cognizant has announced 11 acquisitions in the past 12 months — an aggregate investment of approximately $1.4 billion — in its strategic digital focus areas of cloud, data and artificial intelligence, digital engineering and Internet of Things.

Completing the Linium transaction will further accelerate Cognizant’s cloud strategy, marking the company’s seventh cloud-related acquisition since January 2020.

“Creating more agile workflows in the cloud is a priority for our clients, and together with Linium, we can now provide world-class, enterprise-wide ServiceNow expertise to customize workflows for customers and employees. We look forward to Linium’s team joining Cognizant,” said Malcolm Frank, President, Digital Business and Technology, Cognizant.

Linium operates as the ServiceNow business unit of Ness Digital Engineering, a privately-held portfolio company of The Rohatyn Group.

“ServiceNow continues to gain market relevance, and by combining Linium’s skills and knowledge with Cognizant’s scale and rich expertise in cloud, digital engineering, automation, and other pivotal technologies, we will be well-positioned to capitalize on the market opportunities ahead,” said Joe Burke, Co-Founder, Linium.



Earlier in the day, Cognizant announced to acquire Sydney-based Servian.

“Cognizant’s extensive digital expertise combined with Servian’s strengths as the premier technology partner in the region will open up the full power of digital transformation for our Australasian clients,” said Jane Livesey, CEO, Cognizant Australia and New Zealand.

Cognizant’s more than 1,200 professionals in Australia are serving more than 110 clients, including top Australian banks, insurers, retailers, and communications companies.

“With Cognizant’s deep industry expertise and global scale, we will be able to apply our strengths in strategic advisory, engineering delivery, and managed services across an even broader spectrum of challenges and opportunities presented by the digital economy,” said Tony Nicol, Founder and CEO, Servian.

Both Linium and Servian transactions are expected to close in the first quarter of 2021.

Also read:Manufacturing, infra push to boost logistics in India

Previous Story

Legacy Goes Beyond

Next Story

Choose Your Designer Wisely

Latest from Business

EVs Drive Cleaner Cities

Each EV is equipped with GPS tracking for real-time monitoring and efficiently serves the city’s 159.46 square kilometre area The use of electric vehicles (EVs) in household waste collection is ushering in

Residential Market Sees Revival

Sales jump 77% from FY19 to FY25 as luxury housing, office leasing, logistics, and tech-led investments drive real estate recovery. India’s residential real estate market has witnessed a dramatic revival in the

Recovery From Realty Stress Rises

Crisil expects residential demand in these markets to grow by 7–9 per cent in FY26, offering critical support to projects now being revived through restructuring Asset Reconstruction Companies (ARCs) are expected to

Qatar Debut For Tata

Tata Motors emphasised that its international offerings are backed by strong research and development capabilities, with vehicles that are thoroughly tested and adapted to local conditions Tata Motors has unveiled its all-new
Go toTop