Cognizant acquires Magenic Technologies, a privately held software development services company. The deal will expand Cognizant's software development capabilities, adding 475 employees in the U.S. and more than 350 employees in the Philippines. The deal is expected to close in the first quarter of 2021. Financial terms were not disclosed.
Cognizant acquires Magenic Technologies, a privately held software development services company. The deal will expand Cognizant's software development capabilities, adding 475 employees in the U.S. and more than 350 employees in the Philippines. The deal is expected to close in the first quarter of 2021. Financial terms were not disclosed. 
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