Cognizant acquires IT managed services firm Astreya
Cognizant, a Teaneck, NJ-based IT consulting firm, has agreed to acquire Astreya, a San Jose-based IT managed services firm specializing in data centers and AI infrastructure.
The deal, which Reuters says is valued at approximately $600-million, is expected to close in the second quarter of 2026.
Astreya was founded in 2001. The company has 2,400+ employees listed on LinkedIn and operates across 35 countries.
Astreya provides operational managed services to large tech companies – including six of the Magnificent Seven firms – managing data center infrastructure, AI lab environments, enterprise networks, and workplace technology. The company’s AI OpsHub platform has modules for readiness assessment, signal intelligence, analytics, and agentic automation.
Astreya’s ecosystem partnerships include Google Cloud and ServiceNow.
Cognizant’s acquisition of Astreya will expand its AI infrastructure foundation capabilities as the global data center buildout accelerates. The firm says that the five largest hyperscalers are expected to spend nearly $700 billion on infrastructure in 2026 alone.
“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 operationalize them at scale," said Ravi Kumar S., CEO of Cognizant.
The deal follows several acquisitions aimed at strengthening Cognizant’s AI capabilities. The firm last year acquired 3Cloud, a Chicago-headquartered Microsoft Azure consulting firm, and in 2024 acquired Belcan, a Cincinnati-based digital engineering firm.
“Joining Cognizant is the natural next chapter for the Astreya global team and importantly, the clients who have trusted us to operate their most critical technology environments. We have spent the last several years making deliberate, disciplined investments in AI: building platforms, training specialists and fundamentally redesigning how managed services are delivered,” said Romil Bahl, president and CEO of Astreya.
J.P. Morgan Securities served as exclusive financial advisor to Astreya on the transaction.
