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Cognizant to Acquire Microsoft Partner New Signature
Friday 31 July 2020

US-based professional services company Cognizant (NASDAQ: CTSH) has agreed to acquire New Signature, a Microsoft public cloud transformation specialist, to catalyse new Microsoft business group, the company said.

The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial details were not disclosed.

The acquisition of New Signature expands Cognizant's hyperscale cloud advisory services, and will provide the foundation for a new, dedicated group within Cognizant centred on Microsoft cloud solutions.

New Signature, one of 70 certified Azure Expert Managed Service Providers, is a cloud-first, full-service Microsoft partner committed to delivering innovative technology solutions that solve human challenges.
Date Published: 31/07/2020