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Cognizant signs five-year large deal with Europe's EBRD

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Cognizant signs five-year large deal with Europe's EBRD

Business News Tech IT Cognizant signs five-year large deal with Europe's EBRD

While the financial terms were not disclosed, two people privy to the matter told ET that the deal was estimated to be in the range of $100-150 million, generating annual revenue of $26-40 million for Cognizant. “The deal is a new one,” one of them said.

Bengaluru: Cognizant Technology Solutions signed a new five-year deal with the European Bank for Reconstruction and Development (EBRD).While the financial terms were not disclosed, two people privy to the matter told ET that the deal was estimated to be in the range of $100-150 million, generating annual revenue of $26-40 million for Cognizant. “The deal is a new one,” one of them said.US-based Cognizant, which has 70% of its employees based in

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