Cognizant to buy Astreya for about $600 million

Cognizant to buy Astreya for about $600 million

Cognizant Technology has agreed to buy Astreya, an IT services and technology provider focused ​on AI infrastructure and data center services, in a deal ‌valued at around $600 million, the company told Reuters.

Cognizant to acquire Astreya for $600M to boost AI infrastructure and data center capabilities - Tech Startups

Cognizant Technology is acquiring Astreya in a deal ‌valued at around $600 million, the company announced Wednesday. The New Jersey-based outsourcing firm is buying an IT services provider known for running data centers, enterprise networks, and AI lab environments at […] The post Cognizant to acquire Astreya for $600M to boost AI infrastructure and data center capabilities first appeared on Tech Startups.

Cognizant to Acquire Astreya, Deepening Its AI-First Managed Services Capabilities at Scale

/PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that it has entered into a definitive agreement to acquire Astreya, a leading platform-led, global...

Cognizant buys Astreya for $600m in its fourth major acquisition

The deal, Cognizant’s fourth major acquisition in 18 months, is designed to plug a specific gap in its AI builder strategy: the ability to design, build, and run the physical data centre infrastructure that enterprise AI actually runs on. Cognizant has agreed to acquire Astreya, a San Jose-based IT managed services firm specialising in AI […] This story continues at The Next Web

Cognizant Stock Drops As Weak Revenue Outlook Overshadows $600 Million AI Deal

Cognizant forecast second-quarter revenue below analyst estimates and announced Project Leap, a cost-cutting program focused on workforce reductions. Shares fell $1.67 to $53.45. The company reported first-quarter revenue of $5.41 billion, up 5.8%, and agreed to acquire AI infrastructure firm Astreya for about $600 million. The post Cognizant Stock Drops As Weak Revenue Outlook Overshadows $600 Million AI Deal appeared first on TechStock².

Cognizant buys Astreya, eyes AI infrastructure services

Cognizant buys Astreya, eyes AI infrastructure services Larry Dignan Wed, 29 Apr 2026 - 04:23 Larry Dignan Editor in Chief of Constellation Insights Constellation Research Larry Dignan is Editor in Chief of Constellation Insights at Constellation Research, where he leads editorial coverage focused on enterprise technology, digital transformation, and emerging trends shaping the future of business. He oversees research-driven news, analysis, int…