American multinational firm Cognizant has agreed to acquire cloud transformation consultancy group Linium. Linium is a privately-held portfolio company of The Rohatyn Group.
Cognizant’s Linium acquisition is its seventh cloud-related acquisition since January 2020. Including this agreement, Cognizant previously announced $1.4 billion in acquisitions over the past 12 months in areas such as cloud, data and artificial intelligence, digital engineering, and Internet of Things (IoT).
“Linium’s ServiceNow focus broadens Cognizant’s enterprise service management capabilities while complementing our own longstanding ServiceNow alliance,” said Malcolm Frank, president, Digital Business and Technology, Cognizant.