Professional services company Cognizant has struck a deal to acquire technology consulting firm Contino, for an undisclosed amount.
Contino, which is headquartered in London, claims around 350 employees worldwide with operations in the United Kingdom, the United States and Australia. National Australia Bank and Vodafone are among the company’s customers.
Known as an Amazon Web Services (AWS) premium partner and for its experience in the areas of Microsoft Azure and Google Cloud Platform, Contino represents a way for Cognizant to boost its cloud-based solutions offering, according to Cognizant CEO Brian Humphries.
"We look forward to welcoming Contino's talented team to Cognizant," said Humphries. "The DevOps approach to cloud migration, core modernisation and cloud security is reshaping how enterprises in all industries are building their infrastructures.
“This new set of holistic cloud capabilities from Contino will enable us to offer and more readily deploy transformative cloud-based solutions."
For Contino co-founder and CEO Matt Farmer, the deal enables the company to expand and scale its offerings globally and provide a richer portfolio of cloud strategy and engineering capabilities.
"We are thrilled to be joining an organisation that shares our rich expertise in cloud technologies, DevOps, digital engineering, and data analytics,” said Farmer.
“Our focus has always been on supporting the enterprise and their transformation using the 'Squad Model.' With this approach, we support our enterprise clients at every step, from engineering through to communicating the benefits of their journey, all for ultimate success,” he said.
The transaction is expected to close in the fourth quarter of 2019 and remains subject to certain conditions, including regulatory approvals.
The deal comes just over a year after Contino revealed plans to grow its headcount in the Asia Pacific (APAC) region, its fastest growing business within the company, over the subsequent 12 month period.