{"id":820832,"date":"2024-06-11T10:06:49","date_gmt":"2024-06-11T04:36:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=820832"},"modified":"2024-06-11T10:14:32","modified_gmt":"2024-06-11T04:44:32","slug":"cognizant-to-acquire-us-engg-company-belcan-for-1-3-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/11\/cognizant-to-acquire-us-engg-company-belcan-for-1-3-billion\/","title":{"rendered":"Cognizant to acquire US engg company Belcan for $1.3 billion"},"content":{"rendered":"<p>With an eye on accelerating revenue growth in a tough environment, IT major Cognizant Technology Solutions has signed an agreement to acquire US-based Belcan LLC, a global supplier of Engineering Research &amp; Development (ER&amp;D) services at a purchase price of around $1.3 billion in cash and stock. This is Cognizant\u2019s second big acquisition in the last six months as it acquired Thirdera, a ServiceNow advisory platform, in January. With this, Cognizant also makes its first large foray in the aerospace and defence sector and joins other IT service majors in ramping up ER&amp;D capabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With an eye on accelerating revenue growth in a tough environment, IT major Cognizant Technology Solutions has signed an agreement to acquire US-based Belcan LLC, a global supplier of Engineering Research &amp; Development (ER&amp;D) services at a purchase price of around $1.3 billion in cash and stock. This is Cognizant\u2019s second big acquisition in the last six months as it acquired Thirdera, a ServiceNow advisory platform, in January. With this, Cognizant also makes its first large foray in the aerospace and defence sector and joins other IT service majors in ramping up ER&amp;D capabilities.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-820832","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/820832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=820832"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/820832\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=820832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=820832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=820832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}