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Home»Alternative Investments»Cognizant to acquire Astreya for $600M to deepen AI infrastructure services
Alternative Investments

Cognizant to acquire Astreya for $600M to deepen AI infrastructure services

By CharlotteApril 29, 20264 Mins Read
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Information technology services company Cognizant Technology Solutions Corp. today announced it agreed to acquire Astreya Inc., a San Jose-based information technology managed services firm specializing in artificial intelligence infrastructure and data center operations.

The deal is worth about $600 million, the company confirmed to Reuters, and is expected to strengthen Cognizant’s AI portfolio.

Founded in 1994, Cognizant describes itself as a professional services outfit that helps clients modernize technology and transform their experiences. In practical terms, that means the company works from inside enterprises to rebuild processes and technology foundations. In the AI era, that increasingly means reconstructing engineering around the infrastructure of intelligent machines, agents and the automation they bring.

Astreya operates in more than 35 countries and brings more than 25 years of managed services experience with some of the world’s largest companies. Its capabilities include enterprise-managed services at scale, a proprietary AI OpsHub platform with modules for readiness assessment, signal intelligence, analytics and agentic automation, and a Tech Innovation Office that Cognizant said will deepen its AI offerings.

“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 operationalize them at scale,” Cognizant Chief Executive Ravi Kumar S. said.

Cognizant’s current trajectory is to become a consulting and services firm that helps enterprises scale their AI. As the company puts it, it wants to become an “AI builder.”

This acquisition continues that push. In February 2024, Cognizant introduced Flowsource, giving it a platform for generative AI-assisted software engineering. Then, in October 2024, the company enhanced Neuro AI, moving beyond coding and into multi-agent systems and practical AI deployments. In 2025, Cognizant announced a deal to acquire 3Cloud, a major Microsoft Azure services provider, which closed Jan. 1, 2026. That deal added almost 1,200 employees with cloud expertise, building on Cognizant’s Azure, AI and app-innovation transformation capabilities.

“Astreya has redefined what it means to be a trusted partner in the AI era, embedding intelligence into every solution, without losing the human connection that drives real results,” Astreya President and CEO Romil Bahl said. “Joining Cognizant is the natural next chapter for the Astreya global team and, importantly, the clients who have trusted us to operate their most critical technology environments.”

For Cognizant’s existing clients, the acquisition will provide access to new capabilities, including accelerators, platform intellectual property and hyperscaler-hardened talent that can be deployed immediately. For Astreya’s existing clients, Cognizant’s global scale will become available, expanding service capacity and providing access to emerging enterprise AIOps capabilities.

The acquisition is expected to close in the second quarter of 2026, subject to regulatory approvals and other customary closing conditions.

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