Acquisition Broadens Cognizant's Intellectual Property Portfolio and Provides Full-Suite SAP Expertise
Cognizant (Nasdaq: CTSH) has announced it has agreed to acquire Houston-based Utegration LLC, a full-service consulting and solutions provider specializing in SAP® technology and SAP-certified products for the energy and utilities sectors.
"We believe Utegration's rich industry expertise and differentiated portfolio of energy and utilities-focused products and accelerators is a perfect complement to our SAP practice," said Rob Vatter, Executive Vice President of Cognizant's Enterprise Platform Services. "In bringing together Utegration's experienced, specialist team with our global scale in SAP and digital transformation, we have a strong new set of capabilities designed to address the market's critical transformation needs."
