Cognizant to acquire London-based tech consultancy Contino

Cognizant chief executive Brian Humphries. Photo: Livemint.

Cognizant Technology Solutions on Wednesday said it has agreed to acquire Contino, a privately held technology consulting firm, for an undisclosed amount. The transaction is expected to close in the fourth quarter of 2019.

Earlier this year, Cognizant acquired fintech software firm Meritsoft, and life sciences manufacturing technology company Zenith Technologies. Including the Contino acquisition, Cognizant has acquired 14 companies so far since 2017, most of which are in the digital space.

The company will announce its third-quarter earnings on 30 October.

“Contino specializes in helping global 2,000 clients accelerate their digital transformation by leveraging enterprise DevOps methodologies, a cloud-native development approach, and advanced data platforms,” Cognizant said in a statement.

Contino’s expertise lies in building cloud platforms, implementing enterprise DevOps, modernizing IT security through DevSecOps and cloud security services, developing cloud-native software, and building data platforms and implementing advanced analytics to gather and analyse data from multiple sources.

Contino was co-founded by Matt Farmer and Benjamin Wootton, who serves as chief executive and chief technology officer, respectively. Based in London, Contino has approximately 350 employees worldwide with operations in the UK, US and Australia.

Contino’s consulting and engineering teams have completed more than 200 enterprise engagements since 2014. Clients have included more than 100 of the world’s leading brands such as Adidas, Allianz, Barclays, Dow Jones, JetStar, Lloyds Bank, Morgan Stanley, National Australia Bank, and Vodafone, among others.

This article was first published on livemint.com

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.