Accenture Federal Services to Buy Cognosante

Accenture Federal Services, a wholly owned subsidiary of Accenture (NYSE: ACN), is to acquire Cognosante, a Falls Church, VA-based mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies.

The amount of the deal was not disclosed. The completion of the acquisition is subject to regulatory review and other customary closing conditions.

Founded in 2008 by Michele Kang, Cognosante is a provider of innovative technology solutions with its federal government clients, including healthcare programs supporting veterans, active-duty military, patients, beneficiaries, providers, and payors. The company has a delivery track record powered by technology expertise, cloud modernization and migration capabilities, and exceptional program management.

Led by CEO John Goodman, Accenture Federal Services is a US federal services company and subsidiary of Accenture LLP, which empowers the federal government to solve challenges, achieve greater outcomes, and build a digital core that is agile, smart, and secure.

Cognosante’s team of more than 1,500 people will join Accenture Federal Services’ more than 14,000 people.

FinSMEs

16/04/2024