Cognizant buys Odecee, third acquisition in digital space

IT services provider Cognizant today acquired Odecee, a provider of digital solutions to enterprises in Australia and New Zealand.

The company did not disclose the financial terms.

Odecee is the third acquisition in the last 8 months. Earlier, Cognizant acquired Cadient Group and itaas.

ALSO READ: Cognizant acquires Cadient Group

Earlier this year, Cognizant acquired Cadient Group, a digital marketing agency serving life sciences firms. Cognizant will benefit from digital assets and intellectual property including Reveal, an insights and analytics platform; Immerse, an experiential marketing platform; and OneVoice, an advocacy campaign management platform.

ALSO READ: Cognizant acquires digital video solutions vendor itaas

Cognizant has also acquired digital video solutions vendor itaas. The Atlanta, Georgia-based itaas assists television providers and broadcasters, particularly cable channels, to deliver live streaming and video services on digital platforms. Itaas has nearly 200 professionals in the U.S., Canada, and India.

Cognizant

 

The acquisition of Odecee strengthens Cognizant’s digital business transformation expertise and expands its tools and services to help clients create digital enterprises.

Founded in 2007, Odecee works with clients in the financial services, insurance, healthcare, logistics, and communications industries offering enterprise mobility, web and cloud solutions.

As part of the transaction, nearly 150 digital specialists will join Cognizant. This acquisition brings to Cognizant intellectual property such as Velocedee, a platform that helps centralize secure mobile applications and enables rapid implementation of core business processes across a range of mobile devices.

John Burgin, regional head for Australia and New Zealand, Cognizant, said: “As businesses become increasingly technology-intensive and physical processes get instrumented and digitized, our strong portfolio of services, coupled with our aggressive investments in SMAC (social, mobile, analytics and cloud) technologies, will help clients drive meaningful change and build ever more connected, collaborative, and real-time businesses.”

Baburajan K
[email protected]