Add-on Acquisition • Software

Cognizant Acquires marketRx

On November 16, 2007, Cognizant acquired software company marketRx

Acquisition Context
  • This is Cognizant’s 1st transaction in the Software sector.
  • This is Cognizant’s 3rd transaction in the United States.
  • This is Cognizant’s 1st transaction in New Jersey.

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M&A Deal Summary

Date November 16, 2007
Target marketRx
Sector Software
Buyer(s) Cognizant
Deal Type Add-on Acquisition

Target Company

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.
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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 5 of 56
Sector: Software 1 of 7
Type: Add-on Acquisition 5 of 47
State: New Jersey 1 of 2
Country: United States 3 of 28
Year: 2007 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-01 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-09 Strategic Vision Consulting

Valley Village, California, United States

Strategic Vision Consulting, Inc. has been providing premier consulting services to the entertainment industry . Known for its thought leadership and project management, SVC has grown to be a trusted advisor to numerous studio executives and leaders. Spanning strategic assessments to complex custom systems implementations, SVC delivers successful projects with a practical and collaborative style.

Buy $135M