Cognizant will acquire TMG Health for an undisclosed amount. The deal is expected to close in the third quarter of 2017. (Image: PTI) Nasdaq-listed IT services major Cognizant, which has been on an acquisition spree for past few years, will acquire Health Care Service Corporation’s (HCSC) subsidiary TMG Health for an undisclosed amount. The deal is expected to close in the third quarter of 2017, Cognizant said in a statement. The acquisition will strengthen Cognizant’s business process-as-a-service (BPaaS) offering for the government and public health programme markets, it added. “TMG Health will (now) enter into a new, expanded multi-year service agreement to continue providing IT, business process and other services to HCSC’s various operating units and subsidiaries,” Cognizant said in a statement. Cognizant… Next »
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