Page 7 - Cognizant

Stalin demands case against Cognizant for bribing TN govt officials

Cognizant was last week fined $25 million by the United States' Department of Justice for the bribes, and two of its former executives were charged on 12 counts

Cognizant bribery case: CEO writes to employees against 'improper conduct'

Cognizant will pay $25 million to the US Security and Exchange Commission to settle the charges

Explained: Cognizant bribed govt officials in India, to pay $25-mn penalty

Cognizant had withheld $17 million of payments to an Indian construction company to apply pressure and secure permissions from authorities in Tamil Nadu for its Chennai campus

Cognizant settles bribery case for $28 mn; US justice dept charges Coburn

The company, which had made voluntary disclosures about the bribery incident to the US authorities, also said with this resolution, there was no pending investigations against Cognizant

US fines Cognizant $25 mn, charges two ex-executives in India bribery case

The two former executives were charged in a 12-count indictment with violating the federal Foreign Corrupt Practices Act and other offenses

New leadership will stick to mid-term growth strategy: Cognizant CEO

We have focused on high-quality sustainable revenue growth, but at the same time focused on running the business efficiently, he said

Cognizant gives muted revenue guidance for 2019; appoints new CEO

Humphries' appointment ends the era of founders, who have driven the company for the last 25 years

Cognizant Dec qtr income pips forecast at $4.13 bn; Brian Humphries new CEO

Revenue rose to $4.13 bn from $3.83 bn and narrowly beat the average analyst estimate of $4.11 bn

Cognizant is hiring sociologists and anthropologists to read clients' minds

Cognizant - completing its 25-year journey this Saturday - is one of the first firms in IT that has roped in doctors and paramedics to strengthen health care practices

Cognizant to acquire New York-based creative content agency Mustache

IT major Cognizant Tuesday said it is acquiring Mustache, a privately-held creative content agency based in New York. The transaction is expected to close in the first quarter of 2019 subject to satisfaction of certain closing conditions, a statement by Cognizant said. The size of the deal was, however, not disclosed. Founded in 2010, Mustache specialises in creating original and branded content for digital, broadcast and social mediums. Its clients include brands such as A&E Networks, Brand USA, Google, Grammarly, L'Oral, Netflix, and Viceland. Post acquisition, Mustache's team of content experts will become part of Cognizant Interactive, the statement said. Mustache's team includes creative directors, strategists, art directors, writers, producers, animators, graphic designers, video editors, and post production specialists. "Chief Marketing Officers (CMOs) are looking for a single-source, at-scale provider to help them with the capabilities they need to win in the experience .

IT firm Cognizant bets big on automation advisory service in BPM space

Cognizant is driving intelligent process automation (IPA) with clients in key verticals such as health care, banking, and financial services

Cognizant chasing top 100 clients to up digital services revenue

Firm appoints chief digital officers for each of its verticals

Cognizant sees demand uptick in financial services, says Rajeev Mehta

Nasdaq-listed Cognizant says it is seeing good demand across all verticals

Cognizant Q3 net profit dips 3.6% to $477 million on weakening rupee

The company had registered a net profit of $495 million in July-September 2017, Cognizant said in a statement

Cognizant Q4 revenue forecasts miss estimates on higher investments

Cognizant said its revenue from healthcare services grew 9.6 percent to $1.19 billion, in line with analysts' estimates

Cognizant lays off 200 senior executives in bid to realign workforce

The process, which was completed in August, is likely to cost $35 million to the company

Cognizant to acquire digital engineering and consulting firm Softvision

BS ReporterUS-based IT major Cognizant has entered into a definitive agreement to acquire Softvision, LLC, a privately-held digital engineering and consulting company focused on agile development of innovative software solutions and platforms for an undisclosed amount. The transaction is expected to close in the fourth quarter of 2018 subject to the satisfaction of the closing conditions, including regulatory review.In the end of September, Reuters has reported that the Teaneck-based company is looking at the Private Equity-backed Softvision for about $550 million to boost its digital business. Softvision is into developing custom digital products using unique collaborative engineering methods. The combination of capabilities from Softvision and Cognizant would create one of the top digital engineering companies in software product development, said the company.Founded more than 20 years ago in Silicon Valley, Austin, the Texas-based Softvision works with Fortune 500 clients in ...

Michael Patsalos-Fox succeeds John E Klein as Cognizant's new chairman

Patsalos-Fox is currently chairman, president and CEO of Vidyo, a leading visual communications services provider

Cognizant to acquire Noida-based salesforce consulting firm SaaSfocus

Acquisition to help Nasdaq-listed firm to enhance its cloud consulting capabilities, expand presence in APAC

Cognizant to acquire SaaSfocus to strengthen business in India, Australia

The transaction is expected to close in the fourth quarter of 2018, subject to certain closing conditions