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Accenture Federal Services has entered into an agreement to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240415757473/en/
Founded in 2008 by Michele Kang, Cognosante has grown rapidly to become a trusted provider of innovative technology solutions with its federal government clients, including healthcare programs supporting veterans, active-duty military, patients, beneficiaries, providers, and payors. The company has an exemplary delivery track record powered by technology expertise, cloud modernization and migration capabilities, and exceptional program management. Cognosante is recognized for providing great user experiences, making healthcare more accessible and equitable, and maximizing the value of federal government investments.
"We are continually innovating and investing to help federal agencies stay ahead of the ever-changing needs of their mission and customers," said Accenture Federal Services CEO John Goodman. "Accenture Federal Services is excited to welcome the Cognosante team. We are truly impressed with their people, capabilities, and impact. Together, we will deliver on the promise of technology for the nation's priorities."
Cognosante's team of more than 1,500 people will join Accenture Federal Services' more than 14,000 people to reimagine how work gets done, solve critical challenges, and create meaningful change.
"The Cognosante team is thrilled to embark on this next chapter of our remarkable journey," said Kang. "I am grateful for the extraordinary group of past and present employees and clients who made Cognosante what it is today. As we explored ways to continue to scale and grow, we could not have found a better home than Accenture Federal Services. The company shares our commitment to its clients and people and has industry-leading capabilities, talent, speed, and scale. We look forward to continuing to help our clients modernize, enable the future mission, and enhance the lives of millions of people."
The completion of the acquisition is subject to regulatory review and other customary closing conditions. Terms of the transaction were not disclosed.
Accenture Federal Services is a wholly owned subsidiary of Accenture (NYSE:ACN).
Posted In: ACN
