Cognizant Technology Solutions Corp. has entered into an agreement to acquire Tin Roof Software, an Atlanta-based custom software and digital product development services company, to expand its digital engineering services capabilities.
The transaction is expected to close in the second half of 2020. Financial details were not disclosed.
The acquisition is expected to expand Cognizant’s software product engineering footprint in the US and connect Tin Roof’s experts with Cognizant’s broader global software development capabilities.
“Tin Roof offers software design, development, DevOps, and delivery services for clients increasingly dependent on software for a competitive edge,” Cognizant said in a statement.
Tin Roof works across a range of industries, including telecom, media and entertainment, financial services, retail, hospitality, consumer products, travel, logistics, and transportation.
“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,” said Malcolm Frank, president, Digital Business, Cognizant. “Cognizant is investing to compete and win in digital engineering, one of our strategic priorities.”
Tin Roof has operations in Atlanta and Dallas-Fort Worth in the US. Upon completion of the transaction, Tin Roof’s experts will join Cognizant Softvision, a company Cognizant acquired in 2018. Cognizant Softvision has significant global presence across Argentina, Australia, Canada, India, Mexico, Romania, and the U.S.