October 18, 2007 – Cognizant Technology Solutions, a provider of global IT and business process outsourcing services, announced that it signed a definitive agreement to acquire MarketRx Inc., a provider of analytics and related software services to global life sciences companies in pharmaceutical, biotechnology and medical devices segments.

Cognizant will pay approximately $135 million in cash, which will be funded from current cash reserves.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access