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Cognizant Acquires Paris-Based Galileo Performance, an Information Technology Testing Consultancy

Acquisition Expands Cognizant’s Global Testing Practice, One of the World’s Largest, And Extends Footprint in France

24. June 2010

TEANECK, N.J., June 17, 2010 – Cognizant (NASDAQ: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, announced today it has acquired Galileo Performance, a Paris-based provider of information technology (IT) testing consulting services. The terms of the transaction were not disclosed.

Galileo helps leading companies in France optimize and extend business performance through IT system measurement, management and testing. Galileo will expand and complement Cognizant’s fast-growing global testing practice, currently among the world’s largest with more than 10,000 testing professionals, while strengthening Cognizant’s existing business presence in France.

Outsourced testing services have been growing significantly, not only for their value in lowering the cost of quality assurance and software maintenance, but also for ensuring tighter alignment of IT with business objectives, greater operational effectiveness, and improved governance and risk mitigation. Industry research firm IDC forecasts a five-year CAGR of 19% for discrete global testing services, reaching an estimated $17.7 billion by 2013.

Zitat Unternehmensvertreter

“We welcome Galileo’s talented consultants to Cognizant. The acquisition will enable Cognizant to bring world-class testing services to the French market, and the addition of French-speaking consultants will help us better serve our customers in the region,” said Francisco D’Souza, President and CEO, Cognizant.

“We are delighted to join Cognizant. With a shared commitment to client satisfaction and delivery excellence, together we can deliver a comprehensive suite of software testing services spanning consulting, enterprise services and functionality testing, with a native French-speaking capability,” said Abel Guerrini, Managing Director, Galileo Performance.

“New virtualized business and technology architectures require that quality assurance and testing organizations transform themselves into full lifecycle partners, working with business users, developers and others within and outside of the client organization to champion software quality,” said Sumithra Gomatam, Senior Vice President and Global Head of Cognizant’s Testing Practice. “We look forward to working with the Galileo team to expand Cognizant’s testing services in the French market, and to bring innovative testing services including managed test centers as well as virtualized and cloud-enabled testing to clients.”

Über das Unternehmen

About Galileo Performance
Galileo Performance is a consulting firm dedicated to the measurement, management and continuous optimization of IT system performance. Staffed by a team of 29 experienced professionals, Galileo Performance offers its clients proven solutions and cost efficiencies. More information is available at http://www.galileo-performance.fr.

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

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Cognizant Acquires Paris-Based Galileo Performance, an Information Technology Testing Consultancy

Zitat Unternehmensvertreter

Über das Unternehmen

Kontaktdaten