Thursday, April 25

IT Firm Cognizant Buys Out Advanced Technology Group 

The multinational IT company Cognizant has announced the acquisition of Advanced Technology Group for an undisclosed amount. The basic idea behind this acquisition is to expand its consulting capabilities on the Salesforce platform.

The acquired company ATG was founded in 2000 and has delivery centres in Kansas, Missouri, Ohio and Montana. The company counts IBM, Subaru and CenturyLink as its clients. Following this acquisition, the company will become part of Cognizant’s Enterprise Application Services practice.

Cognizant has broad expertise in helping clients around the world design, implement and manage their digital business strategies on the Salesforce platform.

“ATG’s deep Q2C domain expertise and extensive Salesforce CPQ and Billing implementation offerings strengthen Cognizant’s cloud solutions portfolio as clients increasingly shift to business models that are based on recurring revenue streams, subscriptions, consumption, IoT, and as-a-service offerings,” Rajesh Balaji, Global Delivery Head, Enterprise Application Services, Cognizant, stated.

In August, the Teaneck, New Jersey-headquartered company agreed to buy SaaSFocus, a digital consultancy focus on the Salesforce Platform.