Cognizant to buy SaaSfocus to strengthen India, Aus business

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.

Force Motors to buy Man Trucks’ Pithampur unit

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.

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