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Business·30/4/2026Resumen IA
Cognizant to Acquire Astreya for $600 Million in Third-Largest Deal
Cognizant announced the acquisition of AI infrastructure firm Astreya for $600 million, its third-largest purchase after Trizetto and Belcan. The deal comes as the company launches Project Leap, a global restructuring programme costing $230-320 million, with $200-270 million in severance expenses that could affect thousands of roles over eight months, including in India. CEO Ravi Kumar cited a projected $6.7 trillion AI data centre infrastructure buildout between 2025-2030 as the strategic rationale. March quarter revenue rose 5.8% to $5.4 billion.
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Times of India1 min de lectura