Teaneck-based IT services company Cognizant said on Tuesday it will acquire Tin Roof Software, a software product engineering and consulting firm.
Tin Roof, which is based in Atlanta, Georgia, specializes in digital products for companies to improve customer experiences and increase revenues, offering software design, development, DevOps and delivery services for clients dependent on software.
The acquisition, Cognizant said, will expand its software product engineering footprint throughout the United States.
“To compete effectively, clients are replacing traditional application development with digital engineering to build leading-edge, consumer-grade experiences and infuse software into their products, services, and customer experiences,” Malcolm Frank, president, digital business, Cognizant, said. “Cognizant is investing to compete and win in digital engineering, one of our strategic priorities. Tin Roof’s exceptional software product development and agile teams share our philosophy of customer-centricity and will strengthen our network of engineering talent in the U.S. We look forward to welcoming Tin Roof’s software product engineering experts to Cognizant.”
“Delivering strategic, innovative solutions that drive tangible business outcomes is at the heart of our success,” Daniel Gore, CEO and president, Tin Roof Software, said. “We look forward to our software product engineering experts joining Cognizant Softvision and connecting to Cognizant’s global delivery model, complementing Cognizant’s deep expertise in artificial intelligence, data, Internet of Things, cloud, and interactive experience.”
Tin Roof currently operates in Atlanta and Dallas-Fort Worth. Once the deal closes, Tin Roof’s employees with join Cognizant Softvision.
The transaction is expected to close in the second quarter of 2020. Financial terms were not disclosed.
