Cognizant to Buy ServiceNow Consultancy Thirdera
December 13 2023 - 11:56AM
Dow Jones News
By Dean Seal
Cognizant has agreed to acquire Thirdera, the largest
independent global pure-play ServiceNow consultancy, as part of the
growth strategy for its strategic partnership with ServiceNow.
Professional-services-company Cognizant said Wednesday that the
addition of Thirdera, which specializes in solutions related to the
ServiceNow platform, would add 940 employees to Cognizant's
ServiceNow Business Group.
Financial terms of the deal weren't disclosed.
Thirdera's ServiceNow training platform, Thirdera University, is
expected to play a central role in credentialing resources to
fulfill growing demand in the ServiceNow ecosystem, Cognizant
said.
"I believe the combination of Cognizant's deep industry, AI, and
platform expertise paired with Thirdera's leading-edge offerings in
enterprise transformation will position Cognizant at the forefront
of thought leadership and innovation in the ServiceNow ecosystem,"
Chief Executive Ravi Kumar S said.
The acquisition is expected to close next month.
Cognizant and ServiceNow are currently working together to build
a $1 billion combined business focused on AI-driven automation.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
December 13, 2023 11:41 ET (16:41 GMT)
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