CTSH · Earnings call · 2026Q3T · Full report

Acquisition / Partnership / Divestiture

COGNIZANT TECHNOLOGY SOLUTIONS CORP · 2026-10-29 · Importance 34 · Surprise 42 · In source text

Cognizant announced its intent to acquire Australia-based DyFlex Solutions, an SAP platinum partner, to deepen SAP expertise and support core-platform modernization in Australia and New Zealand. The acquisition was expected to close in the first quarter of 2027. Third-quarter revenue growth also benefited from the company’s investments in 3Cloud and Astreya, and management cited Astreya’s contribution to a large deal and an expanded engagement with Google. The company said its M&A pipeline remained active.

Key facts

• Cognizant's agreement with Gilead Sciences is a new five-year agreement supporting responsible application of agentic AI across selected programs.
• Cognizant announced its intent to acquire Australia-based DyFlex Solutions, an SAP platinum partner, to deepen SAP expertise and strengthen services in Australia and New Zealand; the deal is expected to close in Q1 2027.
• Cognizant expanded its Google Cloud partnership by creating a Gemini Frontier Capability Group with more than 18,000 dedicated associates.
• The DyFlex acquisition announced by Cognizant is expected to close in the first quarter of 2027.
• Cognizant is an inaugural member of OpenAI's Daybreak Cyber Partner Program, combining frontier AI models with its security expertise, governance, and human oversight.
• Cognizant expanded its work with CrowdStrike, bringing the Falcon platform into Cognizant AI Factory and managed cybersecurity services to secure AI agents, models, and infrastructure.

Impact estimates