Tuesday, September 16, 2014

Cognizant to acquire US-based Trizetto for about $2.7 billion.

Leave a Comment
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...
Read More...
Bookmark and Share