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Cognizant Acquires PIPC, a Global Program Management Consulting Firm

Acquisition Enhances Cognizant’s Global Program Management Capabilities; Expands Footprint in Australia, UK, New Zealand

19. May 2010

TEANECK, N.J. May 10, 2010 – Cognizant (NASDAQ: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, announced today it has acquired The PIPC Group, a global program management consulting firm based in London. The terms of the transaction were not disclosed.

With more than 200 professionals worldwide, primarily in the UK, Australia, New Zealand, and the U.S., PIPC helps leading global companies drive business transformation by providing industry-leading program management services, methods and tools, including its PMO (Project Management Office) core competency and its PhD (Project Health Diagnostic) tool, which has been successfully deployed in over 800 engagements. PIPC will extend and complement Cognizant’s existing project management and consulting capabilities and further Cognizant’s ability to provide integrated services across consulting, technology, and business process outsourcing.

Zitat Unternehmensvertreter

“We welcome PIPC’s talented program management experts to Cognizant. At a time when cyclical and secular pressures are driving clients to seek new performance thresholds, effective program management is essential to ensure measurable business outcomes. PIPC’s strategic program management offerings will strengthen our ability to manage increasingly complex global projects while expanding our geographic footprint, particularly in Australia, New Zealand and the UK,” said Francisco D’Souza, President and CEO, Cognizant. “This acquisition builds on our long-standing strategy of adding sharply focused business capabilities that complement our existing offerings and enhance the value we offer clients.”

“With 85,500 associates worldwide, Cognizant will provide the global delivery capability, experience and scale to enable PIPC to accelerate its growth ambitions. Our organizations have the right cultural fit, and together we can drive business transformation initiatives that combine high-quality consulting, IT, and business process outsourcing services with our advanced project management offerings,” said Simon Rawling, Group Managing Director at PIPC.

Über das Unternehmen

About PIPC
Formed in 1992, PIPC is a global program management consulting firm. With expertise spanning several industries including financial services, retail, oil and gas, utilities, government and public sector, communications and the environmental sector, the company serves clients worldwide from delivery locations in the UK, Australia, New Zealand, and the U.S. Its services range from managing post-M&A integration through strategic software implementations, with a broad range of delivery capabilities. More information is at www.pipc.com


About Cognizant
Cognizant (NASDAQ: CTSH) ist ein führender Anbieter von Informationstechnologie, Beratungsleistungen und Geschäftsprozess-Outsourcing (BPO). Cognizant richtet sein globales Technologie- und Innovations-Know-how, sein Branchenwissen und seine weltweiten Ressourcen konsequent darauf aus, Kunden in deren Kerngeschäft zu stärken.

Mit über 50 Niederlassungen weltweit und mehr als 85.500 Mitarbeitern (Stand: Ende März 2010) bietet das Unternehmen ein einzigartiges globales Liefermodell, in dessen Mittelpunkt eine ausgeprägte Kundenorientierung steht. Als Mitglied der Indizes NASDAQ-100 und S&P 500 gehört Cognizant zu den Forbes Global 2000- und Fortune 1000-Unternehmen. Cognizant ist laut Business Week eines der wachstumsstärksten Top IT-Unternehmen sowie unter den Top 50 Performern platziert. In Deutschland hat Cognizant seinen Sitz in Frankfurt am Main. Mehr erfahren Sie unter www.cognizant.com

Kontaktdaten

LEWIS PR
Carolin Nillert
+49 (0)69 3085 5856
cognizant_germany@lewispr.com


Technorati tags: Outsourcing | Cognizant | Offshoring | Akquisition | PIPC |

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