Reuters said this week that the company is hoping to boost its digital business through the acquisition of the global firm, based in Oakland, California.
Cognizant did not immediately reply to a request for comment from ROI-NJ.
Reuters said its sources warned that the talks with Softvision’s private equity owner, Utah-based Tower Arch Capital, may not result in a deal.
Read more from ROI-NJ:
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- Cognizant to acquire Bolder Healthcare Solutions