
Cognizant Technology Solutions Corp (CTSH.O) struck its biggest deal on Monday, acquiring healthcare IT services provider TriZetto Corp for $2.7 billion to beef up its slowing healthcare business.
Shares of the company, which is buying TriZetto from London-based private equity firm Apax Partners LLP, rose nearly 3 percent in premarket trading.
Cognizant's healthcare business, which accounted for about 26 percent of total revenue in...