Cognizant acquires Atlanta-based software developer Tin Roof
IT consultancy Cognizant has acquired Tin Roof Software, an Atlanta-based software product engineering and consulting firm.
Founded in 2014, Tin Roof is the largest, pure on-shore software development services firm in Atlanta. The fast-growing firm offers services in software development (full stack web, enterprise solutions, mobile solutions); solutions architecture (system, application, data, and mobile architecture); and delivery and DevOps services.
Tin Roof works with clients in a range of industries – including Fortune 500s – to build customer-facing web and mobile apps, migrate products to the cloud, and design secure payment processes, among other solutions.
The firm was named an Inc. 5000 fastest-growing company in 2019, booking 149% growth over the previous three years.
Cognizant’s acquisition of Tin Roof will expand its software product engineering footprint in the US. The deal, for which financial terms were not disclosed, is slated to close in the second half of 2020.
“Cognizant is investing to compete and win in digital engineering, one of our strategic priorities,” said Malcolm Frank, president of digital business at Cognizant. “Tin Roof's exceptional software product development and agile teams share our philosophy of customer-centricity and will strengthen our network of engineering talent in the U.S.”
Tin Roof has more than 250 employees across offices in Atlanta and Dallas. The Tin Roof team will join Cognizant Softvision, which was formed out the 2018 acquisition of Austin-based custom digital product developer Softvision. The division has studios across the Americas, Europe, and Asia-Pacific.
"We look forward to our software product engineering experts joining Cognizant Softvision and connecting to Cognizant's global delivery model, complementing Cognizant's deep expertise in artificial intelligence, data, internet of things, cloud, and interactive experience," said Daniel Gore, president and CEO of Tin Roof.
Cognizant last month acquired New Signature, a Washington, DC-based public cloud transformation specialist. The deal added 500 professionals in the US, Canada, and the UK.