Cognizant Expands SAP Capabilities for Energy and Utilities Sectors with Acquisition of Utegration

ByRalph Rio

Category:
Acquisition or Partnership

Cognizantannounced it has agreed to acquire Houston-basedUtegration LLC, a full-service consulting and solutions provider specializing in SAP technology and SAP-certified products for the energy andEnergy and Utilities Sectorsutilities sectors.

Cognizant will gain approximately 350 employees in North America and India upon the close of the acquisition.

The acquisition is expected to close by year-end 2022, subject to satisfaction of closing conditions. Financial details were not disclosed.

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