Cognizant to Acquire Astreya for $600M
Cognizant will acquire Astreya for $600 million to deepen AI infrastructure services. The acquisition is aimed at expanding Cognizant's AI-first managed services capabilities at scale.
Cognizant Technology Solutions Corporation announced a definitive agreement to acquire Astreya Partners, Inc. for $600 million on April 29, 2026. The acquisition is a strategic move to deepen Cognizant's AI infrastructure services and expand its capabilities.
Cognizant aims to leverage Astreya's expertise to enhance its managed services offerings, enabling clients to harness the power of AI at scale.
The acquisition reflects the growing demand for AI-driven infrastructure and services in the technology sector. Cognizant will likely benefit from this strategic move in the long term.
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