Newspaper article The Record (Bergen County, NJ)

Cognizant Buys Toronto Firm

Newspaper article The Record (Bergen County, NJ)

Cognizant Buys Toronto Firm

Article excerpt

Cognizant Technology Solutions Corp. of Teaneck said Thursday that it has acquired Idea Couture of Toronto, a privately held design and technology firm. Financial terms were not disclosed.

Idea Couture will be part of a unit called Cognizant Digital Works. Idea Couture specializes in designing products and services that use technologies like cloud services and artificial intelligence. Idea Couture has more than 170 employees and has worked for companies including Samsung, PepsiCo, Cox, Citi Ventures, Kroger and ConAgra Foods.

"Idea Couture has a track record of success in managed innovation - including rapidly envisioning, designing and prototyping digital solutions - to help companies create connected products, engage customers and deploy new business models for growth and competitive advantage," Gajen Kandiah, executive vice president of Cognizant Digital Works, said in a statement. …

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