Why IT majors like Cognizant, Infosys, HCLTech are acquiring engineering services companies - Qoneqt
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    Shaikh Kaif in India

    12 Jun 02:30 PM


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    Why IT majors like Cognizant, Infosys, HCLTech are acquiring engineering services companies

    IT companies like Cognizant and Infosys are acquiring engineering services firms to diversify revenue streams and stay ahead of competition. Cognizants recent $1.3 billion acquisition of Belcan marks a significant move in this direction.