Cognizant Technology Solutions has entered into a definitive agreement to acquire Astreya, a provider of AI infrastructure and data center services, for approximately USD 600 million. The transaction is expected to close in the second quarter of 2026 and aims to enhance Cognizant's ability to operationalize AI systems for enterprise clients.
Cognizant Technology Solutions, a multinational information technology services and consulting company headquartered in Teaneck, New Jersey, has agreed to purchase Astreya in a transaction valued at around USD 600 million, according to official disclosures.
Astreya, founded in 2001, specializes in managing data center infrastructure, artificial intelligence lab environments, and enterprise networks. The firm has spent nearly a decade serving six of the so-called Magnificent Seven technology companies. The acquisition is expected to close in the second quarter of 2026, subject to regulatory approvals.
The move comes as enterprise spending on AI infrastructure accelerates, with organizations seeking to migrate workloads to the cloud and integrate automation at scale. By incorporating Astreya’s proprietary AI tooling and production-grade infrastructure platform, Cognizant aims to enhance its existing AI builder stack and strengthen its position in architecting platform-led AI systems for clients.
This transaction extends a series of acquisitions by Cognizant focused on expanding its AI and cloud capabilities. In January 2026, the company acquired technology consulting firm 3Cloud to bolster its Microsoft Azure expertise, and in 2024 it purchased digital engineering firm Belcan for nearly USD 1.3 billion.
For enterprises and IT decision-makers, the consolidation signals an intensifying race among systems integrators to control the full AI value chain, from data center infrastructure to application-layer deployment. The deal may pressure mid-tier data center service providers to scale or seek partnerships.
Cognizant, which holds a market valuation of approximately USD 26 billion, has experienced a decline of more than one-third in its market capitalization this year amid broader concerns over softening IT services demand and AI-driven deflationary pressures.
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