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Cognizant Technology Solutions GmbH Torhaus Westhafen, Speicherstrasse 57-59 60327 Frankfurt am Main, Germany http://www.cognizant.com
Contact Ms Carolin Nillert +49 69 30585851
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Cognizant Technology Solutions GmbH

Cognizant Acquires UBS India Service Center, Enters Multi-Year Services Agreement With UBS

Acquisition Enhances Cognizant's Leadership Position in Banking and Financial Services

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Cognizant (NASDAQ: CTSH), a leading provider of consulting, technology, and business process outsourcing services, today announced a definitive agreement to acquire UBS India Service Center Private Limited (UBS ISC), the Hyderabad, India-based captive service provider to the UBS Group.

As part of the transaction, UBS and Cognizant have entered into a multi-year services agreement under which Cognizant will provide a range of business process outsourcing (BPO), knowledge process outsourcing (KPO), IT, and remote infrastructure management services to UBS divisions around the globe to enable them to reduce time-to-market, expand service delivery, and enhance productivity, operational efficiency, and quality.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.