Cognizant to acquire DyFlex with 300-plus employees
- Cognizant signed a definitive agreement to acquire DyFlex Solutions, an Australia-based SAP services company with more than 300 employees.
- Financial terms were not disclosed, while Cognizant shares closed up approximately 2% at $69.55 on October 21, before the announcement.
- Cognizant expects the acquisition to expand its SAP and AI capabilities across Australia and New Zealand, with closing targeted for Q1 2027.
Cognizant (NASDAQ:CTSH) agreed to acquire Australia-based DyFlex Solutions, an SAP services provider employing more than 300 people across its operations.
DyFlex serves businesses in Australia and New Zealand, with delivery operations in the Philippines, while financial terms remain undisclosed.
“DyFlex brings deep SAP consulting capabilities,” said Cognizant Senior Vice President and Head of Intelligent Enterprise Platforms Roshan Subudhi.
The acquisition covers SAP advisory, implementation and managed services expertise across mining, energy, utilities, manufacturing, logistics and public sector operations.
Cognizant expects the transaction to close in Q1 2027, subject to regulatory approvals, with its share price previously up 2.01% at $69.55.
Founded in 2011, DyFlex specializes in SAP cloud implementations, digital supply chains, asset maintenance, human capital management and data analytics.
Following completion, Cognizant plans to combine DyFlex's regional delivery tools with its AI platforms, including Neuro AI Enterprise Core and SAP Agentic AI capabilities.
