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Slide #9. Cognizant — itaas
Cognizant (NASDAQ: CTSH) today announced that it has entered into a definitive agreement to acquire itaas, a digital video solutions company headquartered in Atlanta, Georgia. The terms of the transaction were not disclosed.
Cognizant Technology Solutions is a services company, engineering business for the digital era. Co.'s services include digital services and solutions, consulting, application services, systems integration, infrastructure services and business process services. Additionally, Co. develops, licenses, implements and supports proprietary and third-party software products and platforms. Co.'s services and solutions are organized into two practice areas: Digital Business and Technology, which helps clients build enterprises; and Digital Business Operations, which helps clients rethink their operating models by assessing their existing processes and recommending automation.
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