Cognizant to Acquire Astreya, Deepening Its AI-First Managed Services Capabilities at Scale

Acquisitions

Summary

Cognizant has entered into a definitive agreement to acquire Astreya, a platform-led AI-first IT managed services provider, with the transaction expected to close in Q2 2026 subject to approvals and conditions. The deal brings Astreya's AI OpsHub platform, managed services expertise across data centers and workplace services, and hyperscaler relationships into Cognizant's AI builder strategy. Cognizant says the acquisition will expand its production-grade AI operations capabilities, accelerate enterprise AI infrastructure delivery, and broaden service capacity for both companies' clients. Financial terms were not disclosed.

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HealthTech
applications
Web and Content Management

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IT Services Cloud Computing Enterprise Software

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Google LLC
$100M to $250M