Cognizant to acquire DevOps and cloud transformation consultancy Contino
Cognizant say the acquisition will augment their digital engineering and core modernisation capabilities.
Cognizant today announced it has entered into an agreement to acquire Contino, a privately-held technology consulting firm. Contino specialises in helping clients accelerate their digital transformation by leveraging enterprise DevOps methodologies. Headquartered in London, Contino has approximately 350 employees worldwide with operations in the United Kingdom, the United States and Australia.
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.
Contino was co-founded by Matt Farmer and Benjamin Wootton, who serve as chief executive officer and chief technology officer, respectively. Contino was recognized in 2018 and 2019 as a ‘LinkedIn Top Startup’ in the UK.
Matt Farmer, co-founder and CEO of Contino, said: “Joining Cognizant enables us to expand and scale our offerings globally, build on our tremendous success, and provide an even richer portfolio of cloud strategy and engineering capabilities.
“We are thrilled to be joining an organisation that shares our rich expertise in cloud technologies, DevOps, digital engineering, and data analytics. Our focus has always been on supporting the enterprise and their transformation using the ‘Squad Model.’
“With this approach, we support our enterprise clients at every step, from engineering through to communicating the benefits of their journey, all for ultimate success.”
Brian Humphries, CEO of Cognizant, said: “We look forward to welcoming Contino’s talented team to Cognizant. The DevOps approach to cloud migration, core modernisation and cloud security is reshaping how enterprises in all industries are building their infrastructures.
“This new set of holistic cloud capabilities from Contino will enable us to offer and more readily deploy transformative cloud-based solutions.”
The transaction is expected to close in the fourth quarter of 2019, subject to satisfaction of closing conditions, including regulatory approvals. Financial details were not disclosed.