Cognizant eyes 5 to 10 acquisitions a year

  • 0 replies

Cognizant eyes 5 to 10 acquisitions a year
« on: October 07, 2017, 07:14:43 PM »
Cognizant eyes 5 to 10 acquisitions a year

US-headquartered outsourcing firm Cognizant is embarking on an aggressive acquisition spree, with plans to achieve five to ten deals annually. Most of the deals will continue to be smaller tuck-in deals, said Karen McLoughlin, chief financial officer at Cognizant. But while most of the deals will be tuck-in, they need not necessarily be small. A tuck-in deal could be anywhere up to a couple of hundred million dollars, she added. McLoughlin also did not rule out the possibility of Cognizant making larger acquisitions. Cognizant is targeting 22% margins by 2019. For this year, the company said its operating margin will be about 19.5%.

Romans 10:9-10
"If you declare with your mouth, Jesus is Lord, and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you profess your faith and are saved."

*SET UP YOUR OWN blog, business or personal website, or online store at