Infosys, HCL Tech, and Wipro spent about $1 billion to acquire 7 companies in the first 9 months of the current fiscal.
In 2024, Cognizant made two major acquisitions, including its second largest ever—the $1.3 billion purchase of US engineering R&D firm Belcan—along with the $430 million acquisition of ServiceNow partner Thirdera. More recently, it acquired 3Cloud to strengthen its Azure capabilities.