The deal is predicted to strengthen Cognizant’s AI infrastructure capabilities, as firms ramp up spending on the know-how that’s reshaping industries.
The deal, anticipated to shut within the second quarter of 2026 pending regulatory approvals, is more likely to be introduced on Wednesday.
Cognizant has benefited from enterprise shoppers accelerating AI integration and automation as they migrate workloads to the cloud. The corporate has expanded partnerships with Microsoft and AI startup Anthropic to remain forward of rivals in a extremely aggressive business.
“By buying Astreya and its proprietary AI tooling and production-grade infrastructure platform, which is complementary to Cognizant’s AI builder stack, we shall be even better-positioned to assist shoppers architect their platform-led AI methods and operationalise them at scale,” chief government Ravi Kumar S stated.
The Astreya deal builds on a latest run of acquisitions geared toward strengthening Cognizant’s AI enterprise. The corporate purchased tech consulting agency 3Cloud in January to broaden its Microsoft Azure capabilities and bought digital engineering agency Belcan in 2024 for almost $1.3 billion.
Based in 2001, Astreya has spent almost a decade managing information heart infrastructure, AI lab environments and enterprise networks for six of the so-called Magnificent Seven tech companies.
Cognizant, valued at $26 billion, has misplaced greater than a 3rd of its market worth this yr, weighed down by a weak demand outlook for IT companies and AI-driven deflation fears.