M&A Deal Summary

Cognizant Acquires AimNet Solutions

On November 1, 2006, Cognizant acquired internet software and services company AimNet Solutions

Acquisition Highlights
  • This is Cognizant’s 2nd transaction in the Internet Software and Services sector.
  • This is Cognizant’s 2nd transaction in the United States.
  • This is Cognizant’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2006-11-01
Target AimNet Solutions
Sector Internet Software and Services
Buyer(s) Cognizant
Deal Type Add-on Acquisition

Target

AimNet Solutions

Norwalk, Connecticut, United States
AimNet Solutions is a technology services organization that provides a suite of managed and professional services that enhance and complement existing or planned network environments. AimNet Solutions can define, design, deliver, secure, and manage a wide range of mission critical IT infrastructures 24 hours a day, 365 days a year.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cognizant

Teaneck, New Jersey, United States
Category Company
Founded 1994
Sector Information Technology
Employees344,400
Revenue 19.4B USD (2023)
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 STATS #
Overall 4 of 55
Sector (Internet Software and Services) 2 of 8
Type (Add-on Acquisition) 4 of 46
State (Connecticut) 1 of 1
Country (United States) 2 of 27
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-18 Fathom Solutions

Chicago, United States

Fathom Solutions, L.L.C, a Chicago-based consulting company. Fathom Solutions is a privately-held consulting company founded in 1999 by former Accenture executives. Fathom has achieved significant growth through an entrepreneurial culture, and has differentiating strengths in IT strategy, process design, program management, and systems integration.

Buy $35M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-16 marketRx

Bridgewater, New Jersey, United States

marketRx, Inc., a provider of analytics and related software services to global Life Sciences companies in the pharmaceutical, biotechnology and medical devices segments.

Buy -
Mergr

Product

Company

Legal