Cognizant to acquire US-based cloud player Collaborative Solutions

Financial details not disclosed. Deal will add new finance and HR advisory and implementation services to Cognizant's cloud offerings

BS Reporter | Chennai
Last Updated at May 5, 2020 21:17 IST

Collaborative Solutions, one of the world’s largest Workday consultancies, enables clients across financial services, healthcare, technology, government, education and other organisations to transform their operations using enterprise cloud applications.

Cognizant has entered into an agreement to acquire Collaborative Solutions, a privately-held global consultancy specialising in Workday enterprise cloud applications for finance and human resources. The transaction is expected to close in the second quarter of 2020, subject to the satisfaction of certain closing conditions, including regulatory clearance.

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