Cognizant to acquire US-based Tin Roof Software to expand digital engineering play

Photo: Cognizant's Facebook page

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.

The 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.