Astreya Acquired by Cognizant | Technology M&A Deal

Cognizant has acquired Astreya, a managed services msp business in California, for $100M+. Astreya provides AI-first managed services for enterprises, supporting hyperscaler-scale operations and ongoing IT service delivery. Cognizant acquisitions in technology M&A aim to expand managed services msp capabilities and strengthen delivery at scale across CA. This add on acquisition is a strategic acquisition by a strategic buyer, expanding Cognizant’s technology deals CA footprint through an add on acquisition. Deal status is announced, with terms not disclosed and an expected close date not specified.