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Astreya Acquired by Cognizant | Technology M&A Deal

Announced
TechnologyCaliforniaOther

Deal Overview

Cognizant has acquired Astreya, a managed services msp business in California, for $700. Cognizant acquisitions focus on expanding AI infrastructure and managed services msp delivery through Astreya’s technology services capabilities. Astreya provides managed services for enterprise customers, supporting scalable operations and AI-ready infrastructure in CA. This other acquisition is a strategic acquisition by a strategic buyer, with technology M&A scale above $100M. Cognizant acquisitions are positioned as a platform expansion to deepen AI-first managed services, with deal terms and expected close date not specified.

Key Details

Transaction
Cognizant acquires Astreya
Deal Size
Over $100M
Reported Value
$700 billion

Source

Read full article on prnewswire.com

via GN - entered into definitive agreement · April 29, 2026

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