Cognizant Technology on 12 November 2014 acquired Odecee in Australia. The company provides digital solutions to enterprises in Australia and New Zealand. This is Cognizant’s second acquisition in the digital landscape. Odecee, founded by technology entrepreneurs Michael Bodle, Oscar Huseyin and Con Mouzouris in 2007, it offers enterprise application solutions to companies in the financial services, insurance, healthcare, logistics and communications industries in Australia and New Zealand. As part of the deal, around 150 specialists with digital expertise will join Cognizant. “This strategic acquisition underscores our focus on strengthening our digital capabilities,” said John Burgin, regional head (Australia and New Zealand), Cognizant. “The company would also get access to intellectual property such as Velocedee, a platform that helps centralize highly secure mobile applications and enables rapid implementation of core business processes across a wide range of mobile devices. The company acquired Cadient Group, a digital marketing agency that serves life sciences companies, in October 2014. Besides Cadient, the company also acquired TriZetto, a US-based healthcare software platform for 2.7 billion US dollars in September 2014.
“Becoming a part of Cognizant will enable us to expand our capabilities, services and exposure, while ensuring the long-term vitality and sustainability of the business,” said Con Mouzouris, co-founder and managing director of Odecee. Headquartered in New Jersey, Cognizant provides IT consulting and technology services, as well as outsourcing services in North America, Europe and Asia. It had over 50 delivery centres worldwide and approximately 171,400 employees as of December last year.