Karen moree - Latest News Update, Information, Photos & Videos on Karen moree at Lokmat Times

Mumbai, Nov 30 IT major Cognizant on Wednesday announced that it was acquiring the management consulting company AustinCSI for an undisclosed sum.Based in Dallas, Texas, AustinCSI provides consulting services for Fortune 500 clients across industries.The privately-held company has more than 175 consultants who design and deliver cloud and automation solutions."AustinCSI has built a stellar reputation by improving business outcomes for some of the world's most recognisable brands, particularly in the telecommunications, media, technology and automotive sectors, markets where Cognizant is also strong," said Michael Valocchi, SVP, Head of Cognizant Consulting and Americas Strategy.The transaction is expected to close in the fourth quarter of 2022, subject to the satisfaction of closing conditions, said the company."We're excited by the opportunity to become a part of Cognizant and combine our strengths in delivering advanced and transformative technologies to clients," said Karen Moree, CEO and Co-Founder, AustinCSI.Adding AustinCSI's enterprise cloud and data analytics expertise supports Cognizant's strategic focus on expanding its consulting practice and advisory capabilities to provide clients with end-to-end digital transformation strategy and industry-led solutions.Earlier this month, Nasdaq-listed Cognizant closed the third quarter with a 2.4 per cent revenue growth.According to the company, the revenue for Q3 went up to about $4.9 billion up from about $4.7 billion of Q3 2021.Cognizant also said it has agreed to acquire the professional services and application management practices of US based OneSource. Once the deal is done, Cognizant will add 400 employees to its fold.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Karen MoreeFOLLOW

Karen moree, Latest News

Technology :Cognizant acquires US-based management consulting firm AustinCSI

Mumbai, Nov 30 IT major Cognizant on Wednesday announced that it was acquiring the management consulting company AustinCSI ... ...