Cognizant Technology is spending big money on AI infrastructure. The tech company announced it has agreed to buy Astreya, an IT services and technology provider focused on AI infrastructure and data center services, in a deal valued at around $600 million.
As per Reuters, the deal is expected to strengthen Cognizant’s AI infrastructure capabilities, as companies ramp up spending on the technology that is reshaping industries.
“By acquiring Astreya and its proprietary AI tooling and production-grade infrastructure platform, which is complementary to Cognizant’s AI builder stack, we will be even better-positioned to help clients architect their platform-led AI systems and operationalise them at scale,” Chief Executive Ravi Kumar S said.
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Cognizant has benefited from enterprise clients accelerating AI integration and automation as they migrate workloads to the cloud, according to Reuters. The company has expanded partnerships with Microsoft and AI startup Anthropic to stay ahead of rivals in a highly competitive industry.
Cognizant Technology Solutions is a multinational IT services and consulting firm founded in 1994 in Chennai, India, as an in-house technology unit of Dun & Bradstreet. It was led by Kumar Mahadeva, who is widely recognized as the founding CEO, with key early leadership from Lakshmi Narayanan and later contributions from Francisco D’Souza, who helped scale the company globally.
Today, Cognizant is headquartered in Teaneck, New Jersey, USA, and operates worldwide, offering services such as IT consulting, digital transformation, cloud computing, and business process outsourcing. The company is publicly listed on NASDAQ and is part of major indices like the S&P 500. Over the years, Cognizant has expanded its capabilities in areas like artificial intelligence, automation, and cloud services, serving clients across industries globally.
Headquartered in San Jose, California, Astreya is an IT services company founded in 2001 andIt specializes in AI infrastructure, data center operations, enterprise networks, and digital workplace services. Operating in more than 35 countries, Astreya has built a reputation as a managed services provider for major global technology companies, including hyperscalers. The company focuses on AI-driven solutions for automation, analytics, and infrastructure management.
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For the wider industry, such deals signal continued consolidation and specialization, as firms seek to fill capability gaps quickly rather than build everything in-house. It also points to increasing client expectations, where businesses are looking for partners who can deliver integrated, platform-based solutions rather than isolated services.
This trend underscores the growing centrality of AI in shaping business strategy, operational efficiency, and innovation. As adoption deepens across industries, the ability to translate technological potential into scalable, practical outcomes could define long-term success.