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5 Things To Know About Cognizant’s Planned 10th Magnitude, New Signature Acquisitions

Cognizant’s acquisition of Microsoft cloud services provider 10th Magnitude, coming only five weeks after Cognizant acquired New Signature, signals a huge investment in the burgeoning Microsoft Cloud business.

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Second Big Microsoft Cloud Bet By Cognizant In Five Weeks

10th Magnitude is Cognizant’s second recently announced planned acquisition of a Microsoft cloud services partner. It follows the July 28 news of its plan to acquire New Signature.

Chris Pyle, president of Champion Solutions Group, a Boca Raton, Fla.-based solution provider that has also invested heavily in Microsoft cloud services, particularly services around Microsoft Teams, told CRN that he has run into both 10th Magnitude and New Signature in the market, and that Cognizant is making a good move with the acquisitions.

“I’m starting to see more acquisitions of Microsoft cloud providers by larger companies,” Pyle said. “Microsoft is a dominant cloud player. Large systems integrators need to get into the business. But finding the right talent is hard. It’s the classic build versus buy decision. And Cognizant is buying.”

 
 
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