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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Cognizant Technology Solutions Corporation    CTSH

COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION

(CTSH)
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Cognizant Technology : Completes Acquisition of Bright Wolf, Accelerating Growth in Industrial IoT Services

11/03/2020 | 08:10am EST
Cognizant Completes Acquisition of Bright Wolf, Accelerating Growth in Industrial IoT Services

TEANECK, N.J., November 3, 2020 - Cognizant (Nasdaq: CTSH) has completed the previously announced acquisition of Bright Wolf, a privately-held technology services provider specializing in custom Industrial Internet of Things (IIoT) solutions for Fortune 1000 companies.

A strategic systems integration and technology partner for industrial enterprises, Bright Wolf will enrich Cognizant's smart products offering and expertise in architecting and implementing IIoT solutions and digital transformation services across industries, including manufacturing, energy, transportation, water, healthcare, and agriculture, among others.

Learn more about Cognizant's acquisition of Bright Wolf here.

Disclaimer

Cognizant Technology Solutions Corporation published this content on 03 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2020 13:09:01 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 16 716 M - -
Net income 2020 1 560 M - -
Net cash 2020 1 888 M - -
P/E ratio 2020 27,2x
Yield 2020 1,09%
Capitalization 42 531 M 42 531 M -
EV / Sales 2020 2,43x
EV / Sales 2021 2,26x
Nbr of Employees 283 100
Free-Float 99,8%
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 82,00 $
Last Close Price 79,55 $
Spread / Highest target 19,4%
Spread / Average Target 3,08%
Spread / Lowest Target -30,9%
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Managers and Directors
NameTitle
Brian J. Humphries Chief Executive Officer & Director
Michael Patsalos-Fox Chairman
Srinivasan Veeraraghavachary Chief Operating Officer
Jan Siegmund Chief Financial Officer
Gregory Lawrence Hyttenrauch President-Cognizant Digital Systems & Technology
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