Cognizant keen to pick up pace of acquisitions
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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