Cognizant signs agreement to acquire Belcan, LLC for $1.3 billion to expand ER&D capabilities

Cognizant has signed a definitive agreement to acquire Belcan, LLC for approximately $1.3 billion in cash and stock, aiming to significantly strengthen its engineering capabilities and establish a leadership position in the aerospace & defense market. The acquisition will bring together Cognizant's expertise in digital engineering with Belcan's domain expertise and blue-chip client base, aiming to drive compelling revenue growth and create value for shareholders.