Cognizant acquires US-based AimNet

By Indo Asian News Service | Wednesday, September 06, 2006 | 3:09:26 PM IST (+05:30 GMT) Comment 0 Comment

Chennai, Sep 6 (IANS) Cognizant Technology Solutions, a leading provider of IT services, has announced the acquisition of the Massachusetts-based AimNet Solutions, a managed infrastructure and professional services firm.

Chennai, Sep 6 (IANS) Cognizant Technology Solutions, a leading provider of IT services, has announced the acquisition of the Massachusetts-based AimNet Solutions, a managed infrastructure and professional services firm.

Founded in 2000 by former AT&T executives, AimNet is a privately-held company with over 100 employees.

'This acquisition demonstrates our commitment to continue building on Cognizant's successes in the ITIS practice, by expanding the depth of services we can provide to our customers,' said Lakshmi Narayanan, President and Cognizant CEO.

The transaction provides Cognizant with a state-of-the-art network operations centre in the US, world-class patens, infrastructure management software and an installed base of over 80 direct and indirect customers and partners.

It also provides high-end network and infrastructure consulting capabilities in areas such as network architecture, planning, design and infrastructure security solutions.

Cognizant also gains an experienced management team, led by industry veteran Ed Nalbandian, chief executive of AimNet, who will join Cognizant to manage its, a company statement said.

AimNet offers a full range of IT infrastructure management services from consulting to 24 hour managed services.

Nasdaq-listed Cognizant is a provider strategic information technology solutions that address complex business needs of its clients in applications management, development, integration, and reengineering and change management.

Cognizant employs more than 32,000 people. It was recently named one of Forbes' Best Small Companies in America for the fourth consecutive year and ranked among the top information technology companies in Business Week's Hot Growth Companies.

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