Cognizant to acquire New Signature

Cognizant has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft Public cloud transformation specialists. The transaction is expected to close in Q3 2020.

 

The acquisition of New Signature expands Cognizant's hyper-scale cloud advisory services and will provide the foundation for a new, dedicated group within Cognizant centered on Microsoft cloud solutions. New Signature, an award-winning Microsoft Partner, is exclusively focused on Microsoft technologies, with an integrated offering across all three of Microsoft's business clouds: Azure, Microsoft 365, and Dynamics 365. Upon the close of the acquisition, New Signature's more than 500 cloud experts, based primarily in the U.S., U.K., and Canada, will join Cognizant's newly-formed Microsoft Business Group.

New Signature's success is built upon helping clients create and accelerate their business transformation through the adoption of Microsoft cloud technologies. In joining Cognizant, they will have access to Cognizant's deep industry expertise and global scale, and together, provide best-in-class cloud solutions for the intelligent workplace, applied innovation, and managed services.

 

New Signature's global client portfolio includes businesses across a broad range of industries, as well as government and non-profit institutions. Engagements have included a cloud migration for Virgin Atlantic Airways, an IoT solution for The Hershey Company, and a solution to map all public defibrillators in the U.K. for the National Health Service (NHS) and the British Heart Foundation. 

Infosys to buy US firm Simplus

Infosys Ltd will acquire Simplus, one of the fastest-growing Salesforce platinum partners in the US and Australia for up to $250 Million. The acquisition is expected to close during the fourth quarter of fiscal 2020.

Simplus is a leading provider and advisor in cloud consulting, implementation, data integration, change management and training services for Salesforce quote-to-cash applications with more than 4,500 projects.

This acquisition, along with that of Fluido announced in September 2018, is expected to strengthen Infosys’ position as an end-to-end Salesforce enterprise cloud solutions and services provider, providing clients with the necessary capabilities for cloud-first digital transformation.

The acquisition would also help Infosys expand its geographic presence as Simplus has offices across North America, Sydney, Melbourne, London, and a large delivery centre in Manila. The Infosys the acquisition comes at a time when last week Cognizant too made two strategic acquisitions by acquiring the French operations of Paris-based EI-Technologies and Atlanta-based Code Zero Consulting.

Cognizant acquires EI Technologies, Code Zero Consulting

In a bid to strengthen its salesforce practice, Cognizant Technology Solutions Corp. has acquired EI Technologies and Code Zero Consulting.

The proposed acquisition would complement Cognizant’s global Salesforce practice and expanding client resources in Europe. The planned acquisition requires advance consultation with the relevant works councils and would be subject to customary closing conditions.

A day earlier, on Tuesday, Cognizant said it acquired Code Zero Consulting, a privately held provider of consulting and implementation services for cloud-based configure-price-quote (CPQ) and billing solutions.

Founded in 2016, Atlanta-based Code Zero specializes in helping companies digitally transform by providing strategy, implementation and migration capabilities to evolve legacy systems to cloud-based CPQ and billing systems. Code Zero is a Salesforce Platinum Partner and includes leading global enterprises among its clients across industries, particularly manufacturing and financial services.

Cognizant to acquire Contino

Cognizant Technology Solutions has agreed to acquire Contino, a privately held technology consulting firm, for an undisclosed amount. Contino specializes in helping global 2,000 clients accelerate their digital transformation by leveraging enterprise DevOps methodologies, a cloud-native development approach, and advanced data platforms

Earlier this year, Cognizant acquired fintech software firm Meritsoft, and life sciences manufacturing technology company Zenith Technologies. Including the Contino acquisition, Cognizant has acquired 14 companies so far since 2017, most of which are in the digital space.

Contino’s expertise lies in building cloud platforms, implementing enterprise DevOps, modernizing IT security through DevSecOps and cloud security services, developing cloud-native software, and building data platforms and implementing advanced analytics to gather and analyze data from multiple sources.

Contino was co-founded by Matt Farmer and Benjamin Wootton, who serves as chief executive and chief technology officer, respectively. Based in London, Contino has approximately 350 employees worldwide with operations in the UK, US and Australia. Contino’s consulting and engineering teams have completed more than 200 enterprise engagements since 2014. Clients have included more than 100 of the world’s leading brands such as Adidas, Allianz, Barclays, Dow Jones, JetStar, Lloyds Bank, Morgan Stanley, National Australia Bank, and Vodafone, among others.