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Cognizant Technology Solutions Corp To Acquire Six Companies Of C1 Group

Friday, 21 Dec 2012 06:00am EST 

Cognizant Technology Solutions Corp announced that it has entered into a definitive agreement to acquire six companies of the C1 Group, an independent consulting and IT services firm based in Hamburg, Germany. The terms of the transaction were not disclosed. Under the terms of the agreement, about 500 professionals across multiple locations in Germany and Switzerland will join Cognizant. The transaction is expected to close in the first quarter of 2013. 

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0.64 +1.45%
2:29pm EDT