Deals
Cognizant Seeks French, German Takeovers to Profit From Slump
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Cognizant Technology Solutions Corp., the U.S.-based provider of consulting and outsourcing, is weighing acquisitions in France and Germany as Europe’s debt crisis creates more demand for services that lower costs.
“We’re doubling down on our investment in Europe,” President Gordon Coburn said in an interview, without disclosing a specific spending plan. “We’re seeing the weak economy in Europe serve as a catalyst for our services.”