Astreya Acquired by Cognizant | Technology M&A Deal

Cognizant has acquired Astreya, a managed services msp business in California, for $700 million. Cognizant acquisitions focus on expanding AI-first managed services capabilities through Astreya’s MSP delivery and technology operations support. Astreya acquisition strengthens Cognizant’s managed services msp offering for enterprise clients across California, supporting cloud, infrastructure, and operations modernization. The strategic acquisition is categorized as other acquisition within technology M&A, with Cognizant as a strategic buyer pursuing technology deals CA and CA acquisitions. Deal terms and expected close timing were not specified, but the strategic acquisition signals continued investment in technology M&A and managed services msp acquisition scale.