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Cognizant to acquire Astreya for $600M

PUBLIC · CTSHMay 04, 2026

Acquiring Company

Cognizant

Acquired Company

Astreya

TeaneckSan JoseInformation TechnologyInformation TechnologySoftwareConsultingData CenterIT Management

Description

Cognizant Technology is set to acquire Astreya in a $600 million deal to boost its AI infrastructure and data center capabilities. The acquisition is expected to close in the second quarter of 2026, pending regulatory approval. This move is part of Cognizant's strategy to strengthen its position in AI services amidst rising demand for advanced IT solutions. Astreya's expertise will enhance Cognizant's offerings in managing AI workloads at scale.

Quick answer

Cognizant is acquiring Astreya for $600 million, announced May 4, 2026. Cognizant is based in Teaneck, New Jersey, United States.

How much did Cognizant pay for Astreya?
The reported deal value is $600 million.
What does Cognizant do?
Cognizant (Nasdaq-100: CTSH) engineers modern businesses.
Where are Cognizant and Astreya based?
Cognizant is based in Teaneck, New Jersey, United States. Astreya is based in San Jose, California, United States.
Who are the decision-makers at Cognizant?
Fundz holds 5 contacts at Cognizant. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Cognizant

Location

300 Frank W Burr Blvd

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.

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Frequently asked

Who acquired Astreya?

Astreya was acquired by Cognizant, based in Teaneck. The deal was reported on May 4, 2026. 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. Cognizant is publicly traded (CTSH) and operates in Information Technology.

When did Cognizant acquire Astreya?

Cognizant's acquisition of Astreya was reported on May 4, 2026. Cognizant Technology is set to acquire Astreya in a $600 million deal to boost its AI infrastructure and data center capabilities. The acquisition is expected to close in the second quarter of 2026, pending regulatory approval. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Astreya do?

Astreya is a leading provider of IT solutions and services, with offices and operations in North America, Europe, and Asia. It is privately held, operating in Information Technology, and is based in San Jose.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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