Cognizant to Buy ServiceNow Consultancy Thirdera
By Dean Seal
Cognizant has agreed to acquire Thirdera, the largest independent global pure-play ServiceNow consultancy, as part of the growth strategy for its strategic partnership with ServiceNow.
Professional-services-company Cognizant said Wednesday that the addition of Thirdera, which specializes in solutions related to the ServiceNow platform, would add 940 employees to Cognizant's ServiceNow Business Group.
Financial terms of the deal weren't disclosed.
Thirdera's ServiceNow training platform, Thirdera University, is expected to play a central role in credentialing resources to fulfill growing demand in the ServiceNow ecosystem, Cognizant said.
"I believe the combination of Cognizant's deep industry, AI, and platform expertise paired with Thirdera's leading-edge offerings in enterprise transformation will position Cognizant at the forefront of thought leadership and innovation in the ServiceNow ecosystem," Chief Executive Ravi Kumar S said.
The acquisition is expected to close next month.
Cognizant and ServiceNow are currently working together to build a $1 billion combined business focused on AI-driven automation.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
December 13, 2023 11:41 ET (16:41 GMT)
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