Home BusinessCognizant acquires US consultancy firm
Cognizant Technology Solutions, a leading provider of consulting, technology and business process outsourcing (BPO) services, said on Tuesday that it had acquired all the assets of Pepperweed Advisors, the information technology consulting services division of Pepperweed Consulting. The company did not disclose the value of the acquisition.
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According to the company’s statement, the acquisition will bring Cognizant’s IT infrastructure services (ITIS) practice a strategic consulting capability in two areas — IT service management (ITSM) and IT asset management (ITAM). The statement added that the company would also gain seasoned consulting talent and significant intellectual property, including well-defined ITIL-based processes, tools and frameworks.
Francisco D’Souza, President and CEO of Cognizant said, “Our consulting breadth and depth have been a significant differentiator for our growing ITIS practice. Pepperweed helps to round out our ITIS consulting portfolio while enhancing our ability to serve as trusted advisors to our clients.”
“Process improvement is a top priority for IT infrastructure and operations leaders in 2009. Pepperweed Advisors brings us intellectual property, IT process models, and detailed delivery kits that deepen our domain expertise,” said Robert Boles, Vice President, ITIS, Cognizant.