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Cognizant acquires digital technology firm in U.K.

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Cognizant has entered into an agreement to acquire Contino, a privately-held technology consulting firm based in London, for an undisclosed sum.

Contino, that specialises in digital transformation by leveraging enterprise DevOps methodologies, a cloud-native development approach and advanced data platforms, has some 350 employees across the U.K., U.S. and Australia.

Cognizant CEO Brian Humphries said, “The DevOps approach to cloud migration, core modernisation and cloud security is reshaping how enterprises in all industries are building their infrastructures. This new set of holistic cloud capabilities from Contino will enable us to offer and more readily deploy transformative cloud-based solutions.”

The transaction is expected to close in the fourth quarter of 2019, subject to satisfaction of closing conditions, including regulatory approvals, said Cognizant in a statement.

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Printable version | Jan 28, 2020 4:44:50 PM | https://www.thehindu.com/business/cognizant-acquires-digital-technology-firm-in-uk/article29713313.ece

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