- This acquisition will expand Cognizant’s AI builder technology stack with production-grade AI operational capabilities
- Astreya, a company specializing in AI infrastructure and data center services with deep expertise in data center and managed workplace services, will join Cognizant amid the largest wave of data center infrastructure construction in history
TEANECK, New JerseyMay 1, 2026 /PRNewswire/ — Cognizant (NASDAQ: CTSH) today announced it has entered into a definitive agreement to acquire Astreya. Headquartered in San Jose, California, Astreya is a platform-driven, AI-first global IT managed services and solutions provider. The transaction value was not disclosed. The deal is expected to accelerate Cognizant’s transformation into an AI builder and significantly expand Cognizant’s core AI infrastructure capabilities by leveraging Astreya’s extensive managed services capabilities for enterprise clients at scale.
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Founded in 2001 and operating in over 35 countries, Astreya has 25 years of industry service experience and is a trusted partner to the world’s leading technology companies, maintaining long-term, results-oriented managed service relationships with six of the “Magnificent Seven” hyperscale cloud providers. Astreya’s proprietary AI OpsHub platform (including modules for readiness assessment, signal intelligence, analytics, and agent automation) and its Tech Innovation Office are expected to deepen Cognizant’s AI talent pool and enhance its production-grade AI delivery capabilities, transforming vast AI potential into concrete business outcomes and enterprise-grade platforms tailored to individual client needs. Combined with Cognizant’s native hybrid AI infrastructure strategy, Astreya’s differentiated expertise in designing, building, and managing the full value chain of AI infrastructure is expected to help accelerate client transformation. Astreya’s customized AI solutions for clients, along with its ecosystem partnerships centered on Google Cloud Platform and ServiceNow, will become key assets within Cognizant’s global delivery infrastructure.
Cognizant CEO Ravi Kumar S said: “Between 2025 and 2030, AI data center infrastructure is expected to see a $6.7 trillion wave of construction, reshaping the global technology landscape. Global data center capacity is projected to double within five years. In 2026 alone, the five largest hyperscale cloud providers are expected to invest nearly $700 billion in infrastructure. By acquiring Astreya, along with its proprietary AI tools and production-grade infrastructure platform that complements Cognizant’s AI builder technology stack, we will be better positioned to help clients design and scale their platform-driven AI systems.”
Cognizant Americas President Surya Gummadi added: “AI data center investment is a key pathway for future economic and job growth, particularly in the United States. It is estimated that in the first half of 2025, data center and related high-tech investment activities accounted for 80% of U.S. domestic private demand growth, with hyperscale cloud provider capital expenditures now approaching nearly $400 billion annually. For every direct job created in a data center, more than six jobs are generated in other sectors of the economy. Scaling AI infrastructure, including data centers, efficiently and safely requires deep contextual knowledge and AI building expertise. We expect that acquiring Astreya will significantly expand Cognizant’s AI infrastructure capabilities and strengthen our partnerships with the ‘Magnificent Seven’ hyperscale cloud providers.”
Astreya’s AI OpsHub platform, featuring modules for readiness assessment, signal intelligence, analytics, and agent automation, provides Cognizant with a ready-made operational engine that already delivers measurable results. In addition to the Tech Innovation Office, Astreya’s customized AI solutions for clients, its extensive managed services capabilities, and its ecosystem partnerships centered on Google Cloud Platform and ServiceNow will become key assets within Cognizant’s global delivery infrastructure.
Astreya President and CEO Romil Bahl said: “Astreya has redefined what it means to be a trusted partner in the AI era—embedding intelligence into every solution while retaining the human touch that drives real results. Joining Cognizant is a natural next chapter for Astreya’s global team and equally significant for clients who have long trusted us to operate their critical technology environments. Over the past few years, we have made prudent and disciplined investments in AI: building platforms, cultivating specialized talent, and fundamentally reshaping the managed services delivery model. We look forward to seizing the opportunities of the AI infrastructure era as part of Cognizant.”
This acquisition will directly accelerate Cognizant’s transformation into an AI builder. By driving the implementation and scaling of AI capabilities, and integrating cross-disciplinary talent capable of operating AI systems at scale, the company helps bridge the gap between AI infrastructure investment and business value. Astreya is an operations managed services provider that has delivered managed services in environments operated by six hyperscale cloud providers, managing data center infrastructure, AI lab environments, enterprise networks, and workplace technology at their architectural scale, with a track record of nearly a decade of results-oriented managed service delivery.
For Cognizant’s existing clients, this acquisition is expected to provide proven AI operational capabilities—accelerators, platform intellectual property, and talent honed in hyperscale cloud provider environments—that can be deployed immediately. For Astreya’s existing clients, Cognizant’s global scale and industry breadth are expected to significantly expand service capacity and accelerate the commercialization of emerging enterprise AI operational capabilities at a pace that an independent managed services provider cannot match.
The acquisition is expected to close in the second quarter of 2026, subject to regulatory approvals and other customary closing conditions. Financial terms were not disclosed.
About Cognizant:
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider dedicated to bridging the gap between AI investment and enterprise value by building full-stack AI solutions for clients. With deep industry, process, and engineering expertise, we integrate an organization’s unique business scenarios with its technology systems, unlocking human potential, delivering tangible returns, and helping global enterprises stay ahead in a rapidly changing world. Visit www.cognizant.com or follow us on social media @cognizant for more information.
About Astreya:
Astreya is a global IT managed services provider that empowers enterprises by designing, deploying, and managing complex technology environments. We offer end-to-end solutions spanning hybrid cloud, data centers, network infrastructure, and digital workplaces. Intelligent automation and AI are deeply embedded in every service we deliver to enhance operational efficiency, accelerate service delivery, and help clients remove barriers to growth.
Advisors
Mayer Brown is serving as legal counsel to Cognizant. J.P. Morgan Securities LLC is serving as exclusive financial advisor to Astreya, and Latham & Watkins and Skadden, Arps, Slate, Meagher & Flom LLP are serving as legal counsel to Astreya.
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Forward-Looking Statements
This press release includes statements that may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which is necessarily subject to risks, uncertainties, and assumptions about future events that may not prove accurate. These include, but are not limited to, forward-looking statements, express or implied, related to Astreya’s business, covering: expected growth; anticipated benefits of the proposed transaction, including synergies, new business opportunities, and growth; the expected timing of the transaction’s completion; the plans, objectives, expectations, and intentions of the combined company; projected AI data center investments; expected hyperscale cloud provider capital expenditures; and other statements that are not historical facts. These statements are neither promises nor guarantees and are subject to various risks and uncertainties, many of which are beyond our control, that could cause actual results to differ materially from those anticipated in such forward-looking statements. Existing and potential investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from those expressed or implied include: the risk that the anticipated benefits of the transaction may not be fully realized or may take longer to realize than expected; disruptions to the businesses of both parties due to the announcement and pendency of the transaction; the ability to obtain required transaction approvals within the expected timeframe (or at all), and the possibility that such approvals may be granted with conditions that could adversely affect us after the transaction closes or impair the anticipated benefits; reputational risks and reactions from clients, suppliers, employees, or other business partners of each company to the transaction; failure to satisfy closing conditions in the transaction agreement, unexpected delays in closing, or the occurrence of any event, change, or other circumstance that could give rise to termination of the transaction agreement; the risk that costs of closing the transaction may be higher than anticipated (including due to unexpected factors or events); risks related to Cognizant’s management and oversight of the expanded business and operations post-transaction; the risk that the costs or difficulty of integrating Astreya’s business and operations into Cognizant is greater than expected, or that we are unable to successfully integrate Astreya’s business with our own due to unexpected factors or events; and general competitive, economic, political, and market conditions, as well as other factors that may affect our future performance or Astreya’s future performance, including: general economic conditions, the highly competitive and rapidly changing nature of our markets, the competitive talent market and its impact on employee recruitment and retention, our ability to successfully leverage AI-based technology capabilities, the legal, reputational, and financial risks of cyberattacks, and changes in the regulatory environment (including changes related to immigration and taxation). For additional factors that may affect future results, please refer to the relevant discussions in our most recent Annual Report on Form 10-K and other filings with the U.S. Securities and Exchange Commission. Cognizant disclaims any obligation to update or revise any forward-looking statements based on new information, future events, or otherwise, except as required by applicable securities laws.