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Astreya Acquired by Cognizant | Technology M&A Deal

Announced
TechnologyNew JerseyOther

Deal Overview

Cognizant has acquired Astreya, a managed services msp business in New Jersey, for $700M. Cognizant acquisitions expand AI-first managed services capabilities through Astreya’s MSP operations, supporting enterprise IT services delivery across NJ. The Astreya acquisition strengthens Cognizant’s technology M&A portfolio in managed services, aligning with demand for AI-enabled outsourcing and operations management. As a strategic acquisition, the other acquisition is part of broader technology deals NJ, with Cognizant acquisitions focused on scaling AI-first service accessibility and capabilities.

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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