Divestiture • Information Technology

Cognizant Acquires ESG Mobility

On March 25, 2021, Cognizant acquired information technology company ESG Mobility from ESG Elektroniksystem - and Logistik

Acquisition Context
  • This is Cognizant’s 18th transaction in the Information Technology sector.
  • This is Cognizant’s 2nd transaction in Germany.

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M&A Deal Summary

Date March 25, 2021
Target ESG Mobility
Sector Information Technology
Buyer(s) Cognizant
Sellers(s) ESG Elektroniksystem - and Logistik
Deal Type Divestiture

Target Company

ESG Mobility

Munchen, Germany
ESG Mobility is a digital automotive engineering R&D provider for connected, autonomous and electric vehicles. ESG Mobility is based in Munchen, Germany.
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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 46 of 56
Sector: Information Technology 18 of 21
Type: Divestiture 9 of 9
Country: Germany 2 of 2
Year: 2021 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-11 Servian Pty

Sydney, Australia

Servian Pty Ltd. is an enterprise transformation consultancy specializing in data analytics, artificial intelligence, digital services, experience design, and cloud. Servian was founded in 2008 and is based in Sydney, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-20 TQS Integration

Waterford, Ireland

TQS Integration is a global data intelligence company providing turnkey solutions in system architecture and application design, engineering, system integration, project management, commissioning and 24x7 follow the sun support services to valued customers. TQS is at the forefront of data intelligence for over 20 years, working with an extensive client base in the Pharmaceutical, Life Science, Food & Beverage, Energy, and Renewables industries. TQS Integration was founded in 1998 and is based in Waterford, Ireland.

Buy -

Seller Profile 1

SELLER

ESG Elektroniksystem - and Logistik

Furstenfeldbruck, Germany

Category Company
Sector Information Services
DESCRIPTION

ESG Elektroniksystem - and Logistik is a developer, integrater and opera­ter of an electronic and IT systems for the military, public authorities and companies. ESG Elektroniksystem - and Logistik is based in Furstenfeldbruck, Germany.


Deal Context for Seller #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2021 1 of 1