Cognizant To Acquire Australian Firm For 'Undisclosed Sum'

Chennai: Nasdaq-listed IT major Cognizant has entered into an agreement to acquire Australia-based consulting, business transformation and service provider Adaptra, for an "undisclosed sum". Sydney-headquartered Adaptra, established in 1998, works with five of the top 10 insurers in Australia and New Zealand. Adaptra specialises in consulting, programme management and implementation of core platforms such as Guidewire to enable ins...