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Cognizant to acquire Utegration, terms not disclosed

Cognizant announced it has agreed to acquire Houston-based Utegration LLC, a full-service consulting and solutions provider specializing in SAPtechnology and SAP-certified products for the energy and utilities sectors. Cognizant will gain approximately 350 employees in North America and India upon the close of the acquisition. The acquisition is expected to close by year-end 2022, subject to satisfaction of closing conditions. Financial details were not disclosed.

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