Accenture Federal Services has acquired Cognosante, a federal digital transformation and cloud modernization platforms provider. The financial terms of the acquisition have not been disclosed. Cognosante has been providing cloud migration support, program management, and technology platforms for federal health care programs that serve veterans, active-duty personnel, providers, and other beneficiaries since 2008. With the acquisition of Cognosante’s over 1,500 personnel, Accenture’s federal arm, listed on the New York Stock Exchange under the ticker symbol ACN, is expected to expand further pending regulatory assessment and other standard closing conditions.
John Goodman, CEO of Accenture Federal Services and recipient of the 2024 Wash100 award, highlighted the company’s commitment to innovation and investment in supporting federal agencies in meeting their mission and customers’ evolving needs. Goodman expressed admiration for Cognosante’s capabilities, personnel, and impact and indicated that through this acquisition, the two entities will leverage technology to address national priorities.
Michele Kang, founder and CEO of Cognosante expressed enthusiasm about the acquisition. She described Accenture Federal Services as an ideal fit due to its dedication to clients, employees and industry-leading capabilities. Kang emphasized that the merger will allow for continued support in modernizing operations while positively impacting the lives of millions of individuals.
The Falcons announced on Thursday that they have released outside linebacker Ade Ogundeji. This news…
The Hot Sale event, organized by the Argentine Chamber of Electronic Commerce, was a huge…
As fires, looting, and violence continue to plague Noumea, the capital of New Caledonia, residents…
On May 13, OpenAI announced the release of ChatGPT-4o, a new and improved version of…
Taylor Swift's impact is so significant that even the NFL, known for its dominance on…
Louise Joy Brown, known as the “most awaited child in the past 2,000 years,” grew…