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Cognizant to Acquire UK-Based Mobica to Strengthen IoT Software Engineering Services
Tuesday 24 January 2023

New Jersey, US-based technology engineer Cognizant Technology Solutions (NASDAQ: CTSH) has acquired UK-based IoT software engineering services provider Mobica to expand Cognizant's engineering capabilities across technology and automotive industries, the company said.

Terms of the transaction were not disclosed.

Mobica's services span the full software development cycle, with core competencies in development, implementation, testing and deployment of embedded software, and a specialisation in clients' strategic internal research and development projects.

The acquisition expands Cognizant's IoT embedded software engineering capabilities and provides clients with a deeper and broader array of end-to-end support to enable digital transformation.

Mobica is a global software services company, providing Tech Talent-as-a-Service, helping businesses build pioneering experiences for their customers.
Date Published: 24/01/2023