{"id":821267,"date":"2024-06-12T10:15:13","date_gmt":"2024-06-12T04:45:13","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=821267"},"modified":"2024-06-12T10:15:13","modified_gmt":"2024-06-12T04:45:13","slug":"cognizant-to-acquire-belcan-for-nearly-rs-10861-cr-to-diversify-operations","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/12\/cognizant-to-acquire-belcan-for-nearly-rs-10861-cr-to-diversify-operations\/","title":{"rendered":"Cognizant to acquire Belcan for nearly Rs 10,861 cr to diversify operations"},"content":{"rendered":"<p>New Delhi: American IT firm Cognizant on Tuesday said it has signed an agreement to acquire digital engineering company Belcan, LLC at a purchase value of about USD 1.3 billion (about Rs 10, 861 crore). The buyout comprises USD 1.19 billion in cash consideration and a fixed 1.47 million Cognizant shares worth USD 97 million based on Cognizant&#8217;s closing share price on June 7, 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: American IT firm Cognizant on Tuesday said it has signed an agreement to acquire digital engineering company Belcan, LLC at a purchase value of about USD 1.3 billion (about Rs 10, 861 crore). The buyout comprises USD 1.19 billion in cash consideration and a fixed 1.47 million Cognizant shares worth USD 97 million based on Cognizant&#8217;s closing share price on June 7, 2024.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-821267","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/821267","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=821267"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/821267\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=821267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=821267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=821267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}