Cognizant enhances Workday expertise with acquisition from OneSource Virtual
Cognizant (NASDAQ:CTSH) has agreed to acquire professional services and application management practices of OneSource Virtual, a Workday partner based in Dallas, Texas.
Financial details were not disclosed. The acquisition is anticipated to close by year-end 2022, subject to satisfaction of closing conditions.
Acquiring these practices will complement Cognizant's (CTSH) existing finance and HR advisory implementation services with Workday, expanding capabilities in consulting, deployment, and post-deployment support across North America and the U.K.
The deal also brings ~400 new employees to Cognizant (CTSH) who will join the firm's Collaborative Solutions team, the hub of its Workday practice.