- Cognizant recently entered into exclusive negotiations to buy the French operations of EI-Technologies. These are the details.
Cognizant recently entered into exclusive negotiations to buy the French operations of EI-Technologies, which is a Paris-based privately-held digital technology consulting company and a leading independent Salesforce specialist in France. This proposed acquisition would complement Cognizant’s global Salesforce practice and expand client resources in Europe.
And the planned acquisition requires advance consultation with the relevant works councils. And the deal is subject to customary closing conditions. The terms of the deal are undisclosed.
“We’re determined to help our clients become fully digital, data-enabled, customer-centric businesses. Cloud has changed the way IT is delivered across infrastructure, applications and platforms, and is one of our strategic focus areas,” said Cognizant CEO Brian Humphries. “EI-Technologies, based in France, would not only support our effort to further scale our international business but also add Salesforce expertise and capabilities to our cloud management portfolio.”
With this acquisition, Cognizant would add about 345 employees in France.
“We’re excited at the prospect of bringing our expertise and deep relationships within the Salesforce ecosystem together with Cognizant’s rich knowledge and extensive capabilities in digital transformation as a whole,” added Béchara Raad, founder and CEO of EI-Technologies. “Joining Cognizant would enable us to address a wider range of client needs — including automation, artificial intelligence, customer experience design and more — that are emerging in the digital economy, and to pursue projects on a larger scale.”
EI-Technologies is a Salesforce Platinum Partner. And the company’s EI-Institut is among the largest Salesforce Authorized Training Delivery Partner centers in Europe. Some of EI-Technologies’ clients include leading companies listed on the French stock market’s CAC 40 index in the manufacturing, energy and utilities, financial services, and luxury industries. Along with Salesforce expertise, the company also specializes in Microsoft collaboration platform solutions and CIO advisory services.
Launched in 2008, EI-Technologies has been recognized in France by Salesforce for its client solutions and received the Salesforce Award for specialist partner in 2016 and 2017 as well as the Salesforce Award for most innovative project and partner in 2018. And the company also won the 2019 Salesforce Award in the Innovation – Most Innovative Partner category, for creating AppInnovation — which is the first European Salesforce app development event.
