Cognizant has acquired Wizeline, a global AI-native digital engineering and product development firm with strong expertise in Media & Entertainment. This acquisition enhances Cognizant's ability to help enterprise clients design, build, and scale modern digital products and AI-enabled platforms. Wizeline's capabilities include software engineering, cloud modernization, and AI solutions, supporting large U.S. enterprises in publishing, broadcasting, and entertainment. Financial terms were not disclosed, and the deal was advised by Canaccord Genuity and legal teams Ashurst Perkins Coie.
Cognizant Technology Solutions Corp (CTSH) holds a market cap of $29.75 billion and offers a dividend yield of 1.98%, reflecting its established position in the technology sector. On Pluang, CTSH shares are trading at USD 66.59 with a 1-day gain of 1.23% as of Nov 07, 2026 05:11 WIB. The platform shows a higher sell order activity at 77%, indicating mixed investor sentiment despite the recent acquisition news.
