CTSH

Cognizant To Acquire Utegration LLC

(RTTNews) - Cognizant (CTSH) has agreed to acquire Utegration LLC, a full-service consulting and solutions provider specializing in SAP?technology and SAP-certified products for the energy and utilities sectors. Cognizant will gain approximately 350 employees in North America and India.

Utegration serves 50+ North America-based clients in the energy and utilities sector. The company's portfolio of industry-specific custom solutions includes: Utility4U, MeterData4U, Finance4U, and LoadPlanning4U.

"Utegration has been a strategic partner for SAP in the utilities space for over a decade. They've been instrumental in delivering successful implementations and solutions for key SAP customers in the vertical," said Lloyd Adams, President of SAP North America.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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