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Coforge completes merger with Cigniti Technologies

PRIVATEMay 05, 2026•28 days ago

Acquiring Company

Coforge

Acquired Company

Cigniti Technologies Ltd

IndiaHyderabadArtificial IntelligenceInformation TechnologySoftwareQuality Assurance

Description

Coforge has successfully completed its merger with Cigniti Technologies following the approval of the National Company Law Tribunal. As part of the merger, Cigniti has been dissolved and its shareholders will receive equity shares of Coforge. The acquisition is expected to enhance Coforge's capabilities in the healthcare sector and significantly increase its client base. This merger positions the combined entity for substantial growth, aiming for a $2.5-billion valuation.

Company Information

Company

Coforge

Location

India

About

Coforge is a leading midcap IT company that provides comprehensive solutions for clients across the globe. With a focus on innovation and growth, Coforge aims to deliver exceptional value to its stakeholders through strategic acquisitions and expansion.

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Predictive Intelligence
Strategic

ML-powered predictions for Coforge's next move

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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