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Cognizant Brightwolf Iiot [shutterstock: 599147537, 24Novembers]
[shutterstock: 599147537, 24Novembers]
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Cognizant To Acquire Bright Wolf

Cognizant announced it has agreed to acquire Bright Wolf, a privately-held technology services provider specializing in custom Industrial Internet of Things (IIoT) solutions for Fortune 1000 companies.

Bright Wolf is certified by all major cloud providers and acknowledged as an expert in IoT. The company is a Microsoft Gold Partner and has been named an Amazon Web Services Advanced Technology Partner, IoT Competency. With the close of the acquisition, Cognizant will establish its newest IoT innovation lab in the Raleigh-Durham, N.C., Research Triangle, with the Bright Wolf team at its core.

Bright Wolf will enrich Cognizant’s smart products offering and expertise in architecting and implementing IIoT solutions. Bright Wolf delivers design consulting, development, and digital transformation services for clients such as Caterpillar and ITW Hartness in manufacturing, energy, transportation, water, healthcare, and agriculture, among other industries. For example, Bright Wolf recently introduced a solution for automation of cold chain transportation and refrigeration assets for one of the world’s largest logistics companies.

The transaction is expected to close in the fourth quarter of 2020, subject to the satisfaction of closing conditions. Financial details were not disclosed. Bright Wolf will mark Cognizant’s eighth acquisition to date in 2020 to accelerate growth in the company’s key strategic focus areas of cloud, AI and analytics, software product engineering, and IoT.

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Source:
Cognizant

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