Cognizant keen to 'pick up' pace of acquisitions
Cognizant today said it hopes to "pick up" the pace of acquisitions as the US-based IT firm scouts for potential targets across regions that will help it enhance capabilities or footprint.
While the company -- which competes with Indian tech majors like Tata Consultancy Services (TCS) and Infosys -- has bought a number of small firms, Cognizant said, adding it will not shy away from a large acquisition if it brought in value addition.
"Our primary focus in acquisition is to do what we call tuck-in acquisitions that we can integrate easily. We look at acquisitions when they do three things for us -- expand capability, industry, geography, and more recently platforms," Cognizant CEO Francisco D'souza told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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