Teaneck-based Cognizant to acquire SaaSfocus

Teaneck-based Cognizant announced Thursday it has acquired SaaSfocus, a consulting firm which specializes in digital transformation.

SaaSfocus, which is based in India, has an office in New Jersey.

Jayajyoti Sengupta, head of APAC at Cognizant, said the acquisition represents Cognizant’s commitment to clients in Australia and India and will help expand its cloud consulting capabilities.

“This acquisition of a respected and successful Salesforce specialist underlines our commitment to helping clients in Australia and India digitally transform their businesses and reshape the way they interact with their customers,” Sengupta said. “Customer relationship and service management systems are at the core of our clients’ digital strategies. We look forward to welcoming the SaaSfocus team to Cognizant and combining our strengths to create new transformative digital solutions for our clients.”

The deal is expected to close in the fourth quarter of 2018. Financial terms were not disclosed.

“Cognizant’s global delivery footprint, digital expertise and unique culture of innovation and empowerment made it a natural fit for SaaSfocus,” Amit Choudhary, partner and ANZ CEO of SaaSfocus, said. “Combining Cognizant’s global capabilities, deep domain expertise and digital solutions with SaaSfocus’s specialized Salesforce consulting competencies will help us accelerate our clients’ digital transformation journeys and create global opportunities for our employees.”

“As the global leader in CRM, Salesforce has well established and successful relationships with both Cognizant and SaaSfocus and we look forward to continuing our work with mutual clients in IndiaAustralia and around the world,” Mark Innes, executive vice president of APAC, at Salesforce, said.