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Astreya Acquired by Cognizant | Technology M&A Deal

Announced
TechnologyCaliforniaMerger

Deal Overview

Cognizant has acquired Astreya, a managed services msp business in California, for $700M. Cognizant acquisitions expand AI-first managed services capabilities through Astreya’s MSP operations, supporting enterprise outsourcing and technology services delivery. The Astreya acquisition strengthens Cognizant’s technology deals CA footprint with scalable managed services for clients across the state. Cognizant acquires Astreya as a strategic acquisition in a merger acquisition structure, with over $100M deal size and announced status.

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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