The acquisition will enhance Cognizant’s presence in Japanese Europe and enhance its embedded software program engineering capabilities.
Cognizant, a worldwide chief in IT companies and consulting, has agreed to buy Mobica, a Manchester-based supplier of web of issues (IoT) software program engineering companies. By way of the acquisition, Cognizant will have the ability to present shoppers with a better spectrum of end-to-end help to assist of their digital transformation.
The companies supplied by Mobica cowl the complete software program growth lifecycle, with a concentrate on shoppers’ inner analysis and growth initiatives in addition to core abilities in embedded software program growth, implementation, testing, and deployment.
With a purpose to increase its place as a strategic companion in enterprise digital transformation, Cognizant claims that the corporate has expertise in three vital areas: linked gadgets and digital transformation, silicon and expertise platforms, and automotive and clever mobility.
The transaction, which is anticipated to shut in February topic to fulfilment of closing circumstances, would additional strengthen Cognizant’s footprint in Japanese Europe after its acquisitions of the Lithuanian firm Devbridge in 2021 and the Romanian firm Softvision in 2018.
“Mobica’s sturdy monitor document of delivering strategic embedded software program engineering companies is well-aligned to Cognizant’s World 2,000 shopper base and key industries, whereas its massive presence in Poland considerably enhances our rising growth groups in Japanese Europe,” says Annadurai Elango, government vp of core applied sciences and insights at Cognizant.