Cognizant acquires Los Angeles-based firm

Cognizant acquires Los Angeles-based firm

Takes over management and technology consulting company Strategic Vision Consulting

Monday, June 09, 2008

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TEANECK (USA)/CHENNAI (INDIA): Cognizant today announced the acquisition of Los Angeles-based Strategic Vision Consulting (SVC), a management and technology consulting firm, for an undisclosed amount.

SVC focuses on consulting and systems implementation for media and entertainment companies. The company has over 60 employees and serves the media and entertainment industry.

"This acquisition will expand our consulting capabilities in the media and entertainment industry and will allow us to help media and entertainment companies respond to the opportunities brought about by the digital transformation of the industry," said Francisco D'Souza, president and CEO, Cognizant.

"The combination of SVC's strong relationships in the entertainment industry and Cognizant's global delivery model positions Cognizant as a services leader within the fast-growing media and entertainment industry," added D'Souza.

"The combination of our market-leading consulting capability in the entertainment segment and Cognizant's strengths as a top global services player will allow us to deliver superior services to our collective clients by providing them with a broader range of services," said Frank Leal, co-founder and managing principal, SVC.

©CyberMedia News

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