Cognizant has entered into an agreement to acquire Noida-headquartered salesforce consulting firm SaaSfocus in its bid to augment its consultancy capabilities in cloud space, apart from expanding its geographical reach in the Asia-Pacific (APAC) region.
The US-based company, which did not disclose the financial details of the deal, said the transaction is likely to be completed in the fourth quarter of this calendar year.
“SaaSfocus is a highly respected company with deep domain expertise. On the one hand, it has a strong geographical play along with competency, and on other, it has a future dimension as we increase our capabilities