Cognizant Set to Acquire AI Infrastructure Firm Astreya for $600 Million

Cognizant is gearing up for its fourth significant acquisition in just 18 months, targeting Astreya, a San Jose-based managed services company specializing in AI infrastructure. This strategic move aims to close a crucial gap in Cognizant's AI builder strategy by strengthening its capability to design, build, and operate the physical data centers that power enterprise AI applications.