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Cognizant acquires IT services firm Tin Roof

August 26, 2020

IT services giant Cognizant Technology Solutions Corp. (NASDAQ: CTSH) struck a deal to acquire Tin Roof Software, a privately held software and digital product development services company based in Atlanta.

The deal is expected to close before the end of the year and is subject to satisfaction of closing conditions. Terms of the transaction were not announced. The company has operations in Atlanta and the Dallas area.

Tin Roof’s services include software design, development, DevOps and delivery services.

“To compete effectively, clients are replacing traditional application development with digital engineering to build leading-edge, consumer-grade experiences and infuse software into their products, services, and customer experiences,” said Malcolm Frank, president, digital business at Cognizant. "Cognizant is investing to compete and win in digital engineering, one of our strategic priorities.”