Cognizant to buy SaaSfocus to strengthen India, Aus business

Cognizant to buy SaaSfocus to strengthen India, Aus business

FPJ BureauUpdated: Wednesday, May 29, 2019, 06:49 AM IST
article-image

New Delhi : Cognizant on Thursday said it will acquire SaaSfocus, a provider of Salesforce consulting services, for an undisclosed amount as the IT major looks to further strengthen its business in the Indian and Australian markets.

SaaSFocus, which is privately held, offers digital transformation services leveraging the Salesforce platform. It has over 350 Salesforce consultants in Australia and India and the team will join Cognizant, Cognizant Head (Asia Pacific) Jayajyoti Sengupta said.

He added that the acquisition will help expand Cognizant’s end-to-end digital transformation services and Salesforce cloud capabilities in the region, including India and Australia.

Cognizant already offers a wide range of Salesforce solutions.

New Delhi: Pune-based Force Motors on Thursday said it has agreed to acquire Pithampur-based manufacturing plant of German commercial vehicle maker MAN Trucks for an undisclosed amount. Force said its board has accepted a proposal from MAN Trucks India to sell and transfer certain assets including immovable and movable properties as also other intangible assets at its plant at Pithampur (Madhya Pradesh). The arrangement is being recorded by binding agreements, it added. The arrangement would be subject to receipt of necessary approvals and it is expected that the actual transfer of the facility may happen by Oct-end, it said.

RECENT STORIES

Mitesh Mangaonkar: Leading Innovator In Data Engineering And Cloud Computing

Mitesh Mangaonkar: Leading Innovator In Data Engineering And Cloud Computing

‘Tax Payers Are Meaningless Minorities': Only 0.5% Of Voters Pay Income Tax, Says Ashneer Grover

‘Tax Payers Are Meaningless Minorities': Only 0.5% Of Voters Pay Income Tax, Says Ashneer Grover

'Cease And Desist': RBI Bars Kotak Mahindra Bank From Onboarding New Customers Via Online, Issuing...

'Cease And Desist': RBI Bars Kotak Mahindra Bank From Onboarding New Customers Via Online, Issuing...

Ultraviolette Launches F77 Mach 2 in India: Promises 323km Range at Rs 2.99 Lakh

Ultraviolette Launches F77 Mach 2 in India: Promises 323km Range at Rs 2.99 Lakh

LIC Issues Cautionary Notice Against Fraudulent Social Media Advertising; Shares Close Up By 0.70%

LIC Issues Cautionary Notice Against Fraudulent Social Media Advertising; Shares Close Up By 0.70%