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Cognizant to buy Astreya for about 600 million to supercharge AI and data centers
Business
Published on 29 April 2026
The deal targets AI infrastructure and data centers—why now
Cognizant Technology plans to acquire Astreya for roughly $600 million, seeking to strengthen its artificial intelligence infrastructure and data center services. The transaction is expected to close in Q2 2026 and comes as companies accelerate AI spending. Cognizant’s buy signals a push to expand AI capabilities beyond software into core compute and data operations.
- Cognizant plans to acquire Astreya for about $600 million
- The move is designed to boost AI infrastructure and data center services
- Deal completion is expected in Q2 2026
- Acquisition follows Cognizant’s recent AI expansion push
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times