Cognizant acquires digital solutions provider Odecee

By: |
Bangalore | Published: November 13, 2014 12:34:52 AM

In its second acquisition in the digital space in less than two months, Nasdaq-listed Cognizant...

In its second acquisition in the digital space in less than two months, Nasdaq-listed Cognizant on Wednesday said the company had acquired Odecee, a digital solutions provider in Australia and New Zealand. The terms of the transaction were not disclosed. In October, Cognizant had acquired Pennsylvania-based Cadient Group for approximately $30 million to strengthen its digital marketing capabilities, especially in the healthcare sector, where Cadient has significant expertise.

The acquisition of Odecee is intended to strengthen Cognizant’s digital business transformation expertise and expand its portfolio of tools and services in the digital enterprises space. It will now have access to Velocedee, a platform that helps to centralise highly secure mobile applications and enables rapid implementation of core business processes across a wide range of mobile devices.

“Rapid consumerisation of technology is driving business reinvention across industries and blurring the distinction between the physical and the digital worlds. As businesses become increasingly technology-intensive and physical processes get instrumented and digitised, our strong portfolio of services, coupled with our aggressive investments in SMAC technologies, will help clients drive meaningful change and build ever more connected, collaborative, and real-time businesses,” said John Burgin, Regional Head for Australia and New Zealand, Cognizant.

For latest coverage on Maharashtra Assembly Election 2019 and Haryana Assembly Election 2019, log on to We bring you full coverage of Assembly Election 2019 on Financial Express, stay tuned for latest election updates.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.