Cognizant is all set to acquire Linium and Servian. The acquisition will boost the digital biz for the tech giant specializing in digital engineering and intelligent process automation.
While Servian is a Sydney-based enterprise transformation consultancy specializing in data analytics and artificial intelligence, the New York-based company Linium is a cloud transformation consultancy group.
On Monday 11th January Cognizant announced the acquisition of the two companies in Bengaluru to strengthen its cloud environment and digital business competence.
Both the deals are expected to close this quarter and the financial details of the deals haven't been disclosed. As soon as the acquisition of Servian is complete, more than 500 technology and consulting staff of the company, currently located in Australia and New Zealand will join Cognizant and this would nearly double the size of the cloud and data team in the region.
According to Jane Livesey, chief executive officer, Cognizant Australia, and New Zealand, the enterprises in the region are articulating and accelerating the rate of their digital adoption.
Livesey further added, “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 Australian clients."
Linium marks Cognizant's 7th cloud-related acquisition while Servian will be Cognizant's 10th digital acquisition since January.
Over the past 12 months, Cognizant has invested around $14 billion in digital and cloud-based acquisitions.
As soon as the Linium acquisition closes, approximately 150 professionals from Linium will join Cognizant's global ServiceNow practice.
Cognizant is amongst the world's leading professional service companies, helping its clients transform their business, operations, and technology models to best-suit the digital era. The company is headquartered in Teaneck, NJ, U.S. and is ranked 194 amongst the Fortune 500 companies. The company is consistently listed among the most admired companies in the world and specializes in interactive, intelligent process automation, digital engineering, industry and platform solutions, internet of things, artificial intelligence, cloud, data, healthcare, banking, finance, fintech, manufacturing, technology, and Salesforce.
Linium is an Information Technology and Services Company headquartered in Albany, NY which enables modern workforce experiences and empowers organizations to make better decisions faster. The company specializes in Digital Transformation, Enterprise Service Management, Asset Management, Human Capital Management, Service Design, Organizational Design, Business Management, Operations Management, Digital Workforce Experience, and Customer Experience Management.
About Servian Servian is an Information Technology and Service providing company headquartered in Sydney, NSW, that partners with some of the largest names in the industry including Google, AWS, Oracle (Gold Partner), Hashicorp, Microsoft, IBM, SAS, Talend, Tableau, MicroStrategy, Twilio and many more. The company specializes in business intelligence, data warehousing, campaign management, advanced analytics, application development, big data, and managed services.