Cognizant to Acquire Astreya for $600 Million

Cognizant (CTSH) is set to acquire Astreya, an IT services and technology provider specializing in AI infrastructure and data center services, in a $600 million deal expected to close in Q2 2026. The acquisition is anticipated to enhance Cognizant's capabilities in AI and data center services.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Cognizant to Acquire Astreya for $600 Million

Tickers: $CTSH

Topics: acquisition AI infrastructure Astreya Cognizant IT services M&A

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