Cognizant Expands AI-Powered Managed Services Capabilities Through Astreya Acquisition
Cognizant Expands AI-Powered Managed Services Through Astreya Acquisition
In a significant move towards enhancing its artificial intelligence (AI) capabilities, Cognizant (Nasdaq: CTSH) announced today that it has entered into a definitive agreement to acquire Astreya, a leading provider of IT managed services focusing on AI. This acquisition marks a crucial step in Cognizant's strategy to evolve into a prominent player in AI solutions, intended to broaden its managed service capacities at scale.
Founded in 2001 and headquartered in San Jose, California, Astreya operates in over 35 countries and has established itself as a trusted partner for some of the world’s largest technology firms. Notably, Astreya has excelled in managed services partnerships with six of the