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Cognizant completes acquisition of Belcan to enhance its engineering staffing capabilities

Sep 04, 2024•about 1 year ago

Acquiring Company

Cognizant

Acquired Company

Belcan

TeaneckAutomotiveManufacturingInformation Technology

Description

Cognizant (NASDAQ: CTSH) has successfully completed the acquisition of Belcan, the 13th-largest engineering staffing provider, for $1.3 billion in cash and stock. This strategic acquisition is expected to strengthen Cognizant's position in the industry and expand its capabilities in providing high-quality solutions for a diverse mix of customers around the world.

Company Information

Company

Cognizant

Location

Teaneck, New Jersey, United States

About

Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.

Company News

(10 articles)
Wed, 27 Aug 2025 07:00:00 GMT

Cognizant to Present at Upcoming Investor Conferences - PR Newswire

Thu, 27 Mar 2025 07:00:00 GMT

Cognizant and ServiceNow Launch AI-Powered Dispute Management Solution for Mid-Market Banks - Cognizant

Thu, 06 Feb 2025 08:00:00 GMT

Cognizant Technology Solutions (CTSH): Company Profile, Stock Price, News, Rankings - Fortune

Wed, 23 Jul 2025 07:00:00 GMT

Clorox files $380 million suit blaming Cognizant for 2023 cyberattack - Cybersecurity Dive

Wed, 30 Jul 2025 07:00:00 GMT

Cognizant Launches AI Training Data Services to Accelerate AI Model Development at Enterprise Scale - PR Newswire

Mon, 04 Nov 2024 16:52:12 GMT

Cognizant Named One of America’s Greatest Workplaces for Diversity by Newsweek for the Second Consecutive Year - Cognizant

Thu, 16 Jan 2025 08:00:00 GMT

Cognizant Leads Enterprises into Next Generation of AI Adoption with Neuro® AI Multi-Agent Accelerator and Multi-Agent Services Suite - PR Newswire

Mon, 04 Nov 2024 14:54:32 GMT

Cognizant Releases 2023 Sustainability and Corporate Citizenship Report - Cognizant

Wed, 30 Oct 2024 07:00:00 GMT

Cognizant Reports Third Quarter 2024 Results - PR Newswire

Tue, 01 Jul 2025 07:00:00 GMT

Cognizant Among First to Sign White House Pledge to Invest in AI Education for America's Youth - Cognizant

FundzWatch™ Score

83
High M&A Activity

Related People

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed