Cognizant Technology Solutions has agreed to acquire Astreya in a deal valued at around $600 million, the company said. The acquisition will strengthen Cognizant’s capabilities in AI infrastructure and data center services as enterprises significantly increase spending on advanced technologies.
Furthermore, the deal, which the companies expect to close in the second quarter of 2026 pending regulatory approvals, will likely be announced on Wednesday. As organisations continue to accelerate investments in artificial intelligence, the acquisition positions Cognizant to capitalise on this structural shift across industries.
Notably, Cognizant has benefited from enterprise clients rapidly integrating AI and automation while migrating workloads to the cloud. In addition, the company has expanded strategic partnerships with Microsoft and AI startup Anthropic to strengthen its competitive positioning in the evolving IT services landscape.
Ravi Kumar S., CEO of Cognizant, said, “By acquiring Astreya and its proprietary AI tooling and production-grade infrastructure platform, which is complementary to Cognizant’s AI builder stack, we will be even better-positioned to help clients architect their platform-led AI systems and operationalise them at scale.”
Moreover, the Astreya acquisition builds on a series of strategic deals aimed at expanding Cognizant’s AI and cloud capabilities. Earlier, the company acquired 3Cloud in January to enhance its Microsoft Azure expertise and purchased Belcan in 2024 for nearly $1.3 billion, thereby reinforcing its digital engineering and consulting portfolio.
Founded in 2001, Astreya has spent nearly a decade managing data center infrastructure, AI lab environments, and enterprise networks for six of the so-called Magnificent Seven technology firms, underscoring its strong industry credentials.
However, despite its strategic expansion, Cognizant, currently valued at approximately $26 billion, has seen its market value decline by more than a third this year, primarily due to a weak demand outlook for IT services and concerns around AI-driven pricing pressures.
As enterprises continue to scale AI adoption and cloud transformation, the deal expects to enhance Cognizant’s ability to deliver end-to-end, platform-led AI solutions at scale.
