M&A Deal Summary

Cognizant Acquires Netcentric AG

On October 24, 2017, Cognizant acquired digital media company Netcentric AG

Acquisition Highlights
  • This is Cognizant’s 1st transaction in the Digital Media sector.
  • This is Cognizant’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2017-10-24
Target Netcentric AG
Sector Digital Media
Buyer(s) Cognizant
Deal Type Add-on Acquisition

Target

Netcentric AG

Zurich, Switzerland
Netcentric AG is a provider of digital experience and marketing solutions for some of the world's most recognised brands, and a leading independent Adobe partner in Europe. Netcentric's digital marketing teams in the United Kingdom, Netherlands, Switzerland and Germany, as well as regional delivery centers in Barcelona and Bucharest, will enhance Cognizant's ability to deliver business critical digital experience solutions for clients in Europe and around the world.

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Buyer(S) 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 STATS #
Overall 25 of 56
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 19 of 47
Country: Switzerland M&A 1 of 1
Year: 2017 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-13 TMG Health

King Of Prussia, Pennsylvania, United States

TMG Health, Inc. is a national provider of Business Process Outsourcing solutions for Medicare Advantage, Medicare Part D and Managed Medicaid plans. With more than 19 years of experience in providing technology-enabled services to the government market exclusively, our knowledge of health plan processes, regulatory requirements, and the daily challenges plans face within the government market is second to none.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-26 Zone

London, United Kingdom

Zone Ltd. is an independent full service digital agencies specializing in customer experience, digital strategy, technology and content creation. Zone Ltd. was established in 2000 and is based in London, UK.

Buy -