Add-on Acquisition • Information Technology

Cigniti Technologies Acquires RoundSqr

On May 4, 2022, Cigniti Technologies acquired information technology company RoundSqr

Acquisition Context

This is Cigniti Technologies’ 1st transaction in the Information Technology sector.
This is Cigniti Technologies’ 1st transaction in India.

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M&A Deal Summary
Date	May 4, 2022
Target	RoundSqr
Sector	Information Technology
Buyer(s)	Cigniti Technologies
Deal Type	Add-on Acquisition

Target Company

RoundSqr

Hyderabad, India

RoundSqr is a AI/ML, Data engineering, Analytics, and Blockchain services company. RoundSqr was founded in 2018 and is based in Hyderabad, India.

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Buyer Overview 1

Buyer

Cigniti Technologies

Hyderabad, Texas, United States

Category	Company
Founded	1998
Sector	Information Technology
Revenue	18.2B INR (2024)

DESCRIPTION

Cigniti Technologies provides AI-driven, IP-led, strategic digital assurance, software quality engineering, testing, and consulting services. Cigniti Technologies was founded in 1998 and is based in Hyderabad, India.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
Country: India	1 of 1
Year: 2022	1 of 1

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