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In a significant development, IT major Cognizant has appointed Rajesh Nambiar, Chairman and Managing Director of Cognizant India, as the President of Digital Business & Technology (DB&T), effective from Friday.Nambiar, succeeding ...
India: Cognizant to acquire Magenic Tech in third buyout this year Photo: Pramugdha Mamgain/DealStreetAsia Premium Cognizant Technology Solutions Corp. on Tuesday said it has entered into an agreement to acquire Magenic Technologies, Inc., a privately-held custom software development services company headquartered in Minneapolis, Minnesota. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in ...
Nets hundreds of new engineers from the US and the Philippines.
Cognizant to acquire Magenic Technologies in third buyout this year The acquisition will expand Cognizant’s software product engineering footprintPremium 1 min read Upon completion of the acquisition, Magenic employees will become part of Cognizant Softvision, adding 475 employees in the US and more than 350 employees in Manila, Philippines The transaction is expected to close in the first quarter of 2021 and financial details were not disclosed Share Via Read Full Story Cognizant Technology Solutions Corp. on Tuesday said it has entered into an agreement to acquire Magenic Technologies, In...
San Francisco, Information technology company Cognizant on Tuesday announced to acquire Magenic Technologies, a custom software development services company,