Cognizant to acquire cloud consultancy Collaborative Solutions


MUMBAI: Cognizant Technology Solutions said it would acquire Collaborative Solutions, a private consultancy that specialises in Cloud applications for finance and human resources. The firm did not reveal the acquisition amount. The transaction is expected to close in the second quarter of 2020. This is Cognizant’s fourth acquisition of a cloud services related business.

In March, it had signed a deal to acquire digital marketing consultancy Lev; in February, it bought over the French operations of Salesforce-specialised digital consultancy EI-Technologies; and bought Code Zero Consulting the same month.

Collaborative Solutions specialises in a Workday enterprise cloud application partner. Workday is an on-demand (cloud-based) financial management and human capital management software vendor.

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