Cognizant has agreed to acquire Chicago-based 10th Magnitude, a cloud specialist focused exclusively on the Microsoft Azure cloud computing platform.
The acquisition will expand the Microsoft Azure expertise within Cognizant’s new Microsoft Business Group, adding development and managed services hubs in major cities throughout the U.S.
10th Magnitude will be Cognizant’s sixth cloud-related acquisition in 2020, highlighting Cognizant’s acceleration and execution of its cloud strategy, said Greg Hyttenrauch, president, Cognizant Digital Systems and Technology.
10th Magnitude, one of Microsoft’s Azure-centric partners, offers advisory and managed services, including data center transformation, application modernization, and data intelligence with AI-driven analytics and insights for Fortune 500 and other leading brands across industries such as healthcare, financial services, consumer goods and aerospace.
10th Magnitude’s Azure experts will join Cognizant as part of the Microsoft Business Group. The transaction is expected to close in the third quarter of 2020.