Bloomberg: Cognizant Technology Solutions Corp. will purchase TriZetto Corp. for $2.7 billion in cash.
Bloomberg: Cognizant Technology Solutions Corp. will purchase TriZetto Corp. for $2.7 billion in cash.
The deal will bring in additional revenue of about $1.5 billion in the next five years, Teaneck, New Jersey-based Cognizant said today in a statement. Minority shareholders BlueCross BlueShield of Tennessee and Cambia Health Solutions will also sell their stakes in closely held TriZetto, Apax said in a separate statement.
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