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Tag: trizetto
REFILE-UPDATE 1-Cognizant sued by Syntel unit following TriZetto acquisition
2015-01-13 23:14:16| IT Services - Topix.net
Cognizant Technology Solutions Corp and the healthcare IT services provider it recently acquired have been sued by a unit of competitor Syntel Inc for allegedly interfering with a contract and misappropriating confidential information. In a lawsuit filed on Monday in U.S. District Court in Manhattan, Syntel Sterling Best Shores Mauritius Limited sought $3.4 million from the IT provider, TriZetto, and $6.1 billion in punitive damages based on Cognizant's net worth.
Tags: unit
acquisition
sued
syntel
Cognizant completes TriZetto purchase
2014-11-21 06:07:53| IT Services - Topix.net
A New Jersey company completed its acquisition of Douglas County's TriZetto Corp. on Thursday, positioning the combined company to be a market leader in health care software and consulting services. Cognizant announced in September that it was buying TriZetto for $2.7 billion after the Colorado firm's parent company, Apax Funds, said it was putting it on the market.
Tags: purchase
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cognizant
trizetto
Cognizant to buy TriZetto for 27 billion to boost healthcare business
2014-09-15 19:54:29| IT Services - Topix.net
Cognizant Technology Solutions Corp struck its biggest deal on Monday, acquiring healthcare IT services provider TriZetto Corp for $2.7 billion to beef up its slowing healthcare business. Shares of the company, which is buying TriZetto from London-based private equity firm Apax Partners LLP, rose nearly 3 percent in premarket trading.
Tags: business
buy
billion
healthcare
Apax to sell TriZetto for $2.7 bln
2014-09-15 14:43:37| IT Services - Topix.net
Apax Partners has agreed to sell TriZetto Corporation to Cognizant Technology Solutions Corp for $2.7 billion in cash. The firm bought TriZetto in 2008 in a deal valued about $1.4 billion.
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