Coforge announces acquisition of Cigniti Technologies Limited to fuel growth and expand market presence
Acquiring Company
Coforge
Acquired Company
Cigniti Technologies Limited
IndiaInformation TechnologySoftwareArtificial IntelligenceConsultingIT ManagementInformation TechnologySoftwareQuality AssuranceDescription
Coforge, a leading midcap IT company, has officially signed a definitive agreement to acquire Cigniti Technologies Limited. This strategic acquisition is aimed at accelerating Coforge's growth and achieving a USD 2 billion target by FY27. It also aims to enhance operational margins and create new scaled-up verticals in the retail, technology, and healthcare sectors, thereby strengthening its presence across global markets.
Quick answer
Coforge is acquiring Cigniti Technologies Limited, announced May 3, 2024. Coforge is based in India.
- How much did Coforge pay for Cigniti Technologies Limited?
- The deal value was not disclosed.
- What does Coforge do?
- Coforge is a leading midcap IT company that provides comprehensive solutions for clients across the globe.
- Where are Coforge and Cigniti Technologies Limited based?
- Coforge is based in India.
- Who are the decision-makers at Coforge?
- Fundz holds 5 contacts at Coforge. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Consulting and IT Management
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Simulations Plus completes acquisition of Pro-ficiency Holdings, Inc. to enhance drug development solutions (June 12, 2024)
- ITCM finalizes acquisition of Value Logic, Inc. to strengthen diverse service offerings (June 4, 2024)
- Cloudera deepens AI expertise with acquisition of Verta's Operational AI Platform (June 3, 2024)
- DSD Business Systems completes acquisition of Emerald TC to expand ERP solutions (May 15, 2024)
- Insight Enterprises, Inc. completes acquisition of Infocenter to strengthen automation solutions portfolio (May 1, 2024)
- CEI acquires Fourth Dimension Technologies to expand technology capabilities and scale (April 18, 2024)
Who to call at Coforge, and when
When Coforge changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Coforge raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Coforge, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Coforge. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Coforge makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Cigniti Technologies Limited?
Cigniti Technologies Limited was acquired by Coforge, based in India. The deal was reported on May 3, 2024. Coforge is a leading midcap IT company that provides comprehensive solutions for clients across the globe. Coforge is privately held and operates in Information Technology.
When did Coforge acquire Cigniti Technologies Limited?
Coforge's acquisition of Cigniti Technologies Limited was reported on May 3, 2024. Coforge, a leading midcap IT company, has officially signed a definitive agreement to acquire Cigniti Technologies Limited. This strategic acquisition is aimed at accelerating Coforge's growth and achieving a USD 2 billion target by FY27. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cigniti Technologies Limited do?
Cigniti Technologies Limited is a prominent technology company specializing in providing quality assurance and software testing services. It is privately held, operating in Information Technology.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.