M&A Deal Summary

COFORGE Acquires Cigniti Technologies

On May 29, 2024, COFORGE acquired information technology company Cigniti Technologies

Acquisition Highlights
  • This is COFORGE’s 4th transaction in the Information Technology sector.
  • This is COFORGE’s 1st transaction in the United States.
  • This is COFORGE’s 1st transaction in Texas.

M&A Deal Summary
Date 2024-05-29
Target Cigniti Technologies
Sector Information Technology
Buyer(s) COFORGE
Deal Type Add-on Acquisition

Target

Cigniti Technologies

Hyderabad, Texas, United States
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.

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Buyer(S) 1

Buyer

COFORGE

New Delhi, India
Category Company
Founded 1992
Sector Information Technology
Employees22,130
Revenue 91.8B INR (2024)
DESCRIPTION

COFORGE is a global IT solutions organization addressing the requirements of clients across Americas, Europe, Asia, and Australia. COFORGE was founded in 1992 and is based in New Delhi, India.

DEAL STATS #
Overall 5 of 5
Sector (Information Technology) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-06 WHISHWORKS IT Consulting Pvt.

Hyderabad, India

WHISHWORKS IT Consulting Pvt. Ltd. is an IT services and consulting company, specialising in Systems Integration and Big Data. WHISHWORKS works with an ecosystem of global innovators, including MuleSoft, MapR and Cloudera, to develop leading solutions that provide distinct business advantages. WHISHWORKS IT Consulting Pvt. Ltd. was founded in 2008 and is based in Hyderabad, India.

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