Cognizant announced Nov. 6 that it has acquired Wizeline, a global AI-native digital engineering and product development services firm serving enterprise clients.
Wizeline brings particular strength in media and entertainment, with a concentrated, deeply embedded franchise supporting large U.S. enterprises across publishing and news, filmed entertainment, broadcasting, and talent and creator representation.
Its capabilities span digital product development, software engineering, cloud modernization, data and AI, enabling clients to build, modernize and scale digital products, platforms and AI-enabled experiences.
The acquisition will further strengthen Cognizant’s ability to help clients design, build, and scale modern digital products and platforms.
Cognizant acquired Wizeline from its previous investors, including La Caisse. Financial terms of the transaction were not disclosed. Canaccord Genuity acted as exclusive M&A advisor to Wizeline. Ashurst Perkins Coie acted as legal advisor to Cognizant.
Wizeline is an AI-centric product engineering company. Founded in 2013, Wizeline is a nearshore transformation engineering partner for enterprises in media and entertainment, financial s...