Add-on Acquisition • Business Services

Cognizant Acquires Equinox Consulting

On October 2, 2013, Cognizant acquired business services company Equinox Consulting

Acquisition Context
  • This is Cognizant’s 5th transaction in the Business Services sector.
  • This is Cognizant’s 1st transaction in France.

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M&A Deal Summary

Date October 2, 2013
Target Equinox Consulting
Sector Business Services
Buyer(s) Cognizant
Deal Type Add-on Acquisition

Target Company

Equinox Consulting

Paris, France
Equinox Consulting is a leading French management consulting firm dedicated to helping banking, capital markets and insurance clients with the transformation of their operating, risk management and customer relationship models. Equinox Consulting combines very deep industry expertise and innovative thinking to deliver top quality advisory services to the financial community and help its clients to face increasingly complex business and regulation evolutions.
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Buyer Overview 1

Buyer

Cognizant

Teaneck, New Jersey, United States

Category Company
Founded 1988
Sector Information Technology
Employees336,800
Revenue 19.7B USD (2024)
DESCRIPTION
Cognizant's office in Hyderabad, India.
Cognizant's office in Hyderabad, India.

Cognizant is a provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Cognizant was incorporated in 1994 and is based in Teaneck, New Jersey.


Deal Context for Buyer #
Overall 11 of 56
Sector: Business Services 5 of 9
Type: Add-on Acquisition 9 of 47
Country: France 1 of 2
Year: 2013 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-26 Zaffera

Princeton, New Jersey, United States

Zaffera is a strategic consulting and software development company specializing in SAP solutions, with expertise in retail, apparel, footwear, and consumer products. Zaffera strives to become a strategic advisor by providing the experts, methodologies, and tools for an effective SAP implementation. Zaffera offers innovative thought leadership and comprehensive, best-in class services that span all phases of the SAP for Retail solution life cycle.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-03 ValueSource Technologies Pvt.

Chennai, India

ValueSource, which has employee strength of over 170 persons, has a dedicated offshore development centre in Chennai. It provides integrated offshoring services in software development and maintenance in financial services and insurance domain, manufacturing and business operation automation.

Buy -