Cognizant to Acquire Tin Roof Software for Digital Transformation services in US

0 Comments
Cognizant

Cognizant is now all set to acquire Atlanta-based custom software and digital product development service company, Tiny Roof Company.  The financial details of the transaction were not disclosed.

Tin Roof is founded by the Akash Patel, Daniel Gore, and Jonathan Bolt in 2014. It employs more than 250 people. It provides software design, DevOps, development, and delivery services for Fortune 500 customers. It also offers custom solutions such as migrating and re-architecting products to the cloud, builds customer-facing web and mobile apps, creating APIs and data pipelines for transaction processing as well as designing secure payment processing systems.

Executive Opinion

Malcolm Frank, President, Digital Business, Cognizant, said, "To compete effectively, clients are replacing traditional application development with digital engineering to build leading-edge, consumer-grade experiences and infuse software into their products, services, and customer experiences. Cognizant is investing to compete and win in digital engineering, one of our strategic priorities. Tin Roof's exceptional software product development and agile teams share our philosophy of customer-centricity and will strengthen our network of engineering talent in the U.S. We look forward to welcoming Tin Roof's software product engineering experts to Cognizant."

Daniel Gore, President, and Chief Executive Officer, Tin Roof Software, said, "Delivering strategic, innovative solutions that drive tangible business outcomes is at the heart of our success. We look forward to our software product engineering experts joining Cognizant Softvision and connecting to Cognizant's global delivery model, complementing Cognizant's deep expertise in artificial intelligence, data, Internet of Things, cloud, and interactive experience."

More about the Tin Roof acquisition

The deal is expected to close by the second half of 2020, subject to the satisfaction of regulatory review and some other conditions.

Cognizant said that the acquisition would expand its software product engineering footprint in the US.

Tin Roof experts will be merged with the employees of Cognizant Softvision, a Texas-based company that Cognizant acquired in 2018 to strengthen its custom digital products portfolio.

PC: Pablo, Unsplash

Note: We at TechSutram take our ethics very seriously. More information about it can be found here.
Udit Agarwal Opinions expressed by techsutram contributors are their own. More details
Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

No comments:

Post a Comment

    Your valuable comments are welcome. (Moderated)