Cognizant to acquire Belcan for approximately $1.3 billion

Cognizant announced it has signed a definitive agreement to acquire Belcan, a portfolio company of AE Industrial Partners, for approximately $1.3 billion in cash and stock. The acquisition will strengthen Cognizant's engineering capabilities and establish a leadership position in the aerospace and defense market.

“We believe that acquiring Belcan will strengthen Cognizant's position in the sizable and fast-growing ER&D services market.”news.cognizant.com

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• news.cognizant.comCOGNIZANT TO ACQUIRE BELCAN FOR APPROXIMATELY $1.3 BILLION TO SIGNIFICANTLY STRENGTHEN ENGINEERING CAPABILITIES AND ESTABLISH A LEADERSHIP POSITION IN AEROSPACE & DEFENSE MARKET - Jun 10, 2024Jun 10, 2024

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