Cognizant (NASDAQ: CTSH) has entered into an agreement to acquire Thirdera, a Broomfield, CO-based Elite ServiceNow Partner specializing in advisory, implementation and optimization solutions related to the ServiceNow platform, with a focus on emerging enterprise workflow products.
The amount of the deal was not disclosed. The acquisition is expected to close in January 2024, subject to satisfaction of closing conditions.
Founded in 2021 and led by Jason Wojahn, CEO, Thirdera is an Elite-level ServiceNow partner, enabling customers to leverage the the ServiceNow platform through workflow-enabled services and solutions. The company offers industry expertise and innovation to help businesses accelerate growth and productivity via transformation, digitization, and automation. Thirdera is currently a portfolio company of Sunstone Partners.
As part of the acquisition, Thirdera’s ServiceNow training platform, Thirdera University is expected to play a central role in credentialing resources to fulfill growing demand in the ServiceNow ecosystem. The deal is expected to add more than 940 employees in North America, Spain, Colombia, the Netherlands, and Australia, among other locations, to Cognizant’s ServiceNow Business Group, which will create a combined group with more than 2,400 specialists and 14,000 certifications.
The combined strengths of Thirdera and the Cognizant ServiceNow Business Group are expected to offer clients one of the most comprehensive experiences in the ServiceNow ecosystem, with robust capabilities in professional services across key ServiceNow workflows and emerging products, including generative AI.
FinSMEs
13/12/2023