Cognizant acquires TQS Integration, a private global industrial data, and intelligence company based in Lismore, Ireland.
The companies do not disclose the acquisition amount, and the acquisition transaction is expected to close by the end of 2021.
TQS Integration delivers data intelligence, global technology consulting, and digital systems integration to help manufacturers accelerate digital transformation. It serves clients in the life sciences, food and beverage, and energy and renewables industries.
Srinivas Shankar, Senior VP and Global Markets Lead, Life Sciences at Cognizant, stated, “TQS enhances Cognizant’s end-to-end innovative factory capabilities, and helps clients to realize information and operational technology convergence and drive digital transformation in their manufacturing operations.”
Nine of the top 10 major life sciences companies take the assistance of TQS to enable smart manufacturing.
Cognizant has previously strengthened its life sciences manufacturing capabilities with the acquisition of Zenith Technologies in 2019. Cognizant will combine TQS’s expertise to help clients transition to Industry 4.0 and expedite the production of life-changing medicines.
These service solutions, expertise, and thought leadership benefits Cognizant’s current life sciences clients and clients in the broader manufacturing landscape.
TQS is Cognizant’s fifth acquisition this year. Cognizant has accelerated growth in IoT, data, and analytics with acquisitions, including Zenith Technologies, Bright Wolf, and ESG Mobility.
Acquisition of TQS will expand Cognizant’s presence in Ireland, a hub for the world’s foremost life sciences manufacturing experts and an excellent location for delivering Industry 4.0 consulting and services to European manufacturing clients.
TQS Integration is a data intelligence company and provides turnkey solutions in system architecture and application design, engineering, system integration, project management globally.
TQS is at the lead of data intelligence for the last 20 years, working with a large client base in the Pharma, Food & Beverage, Life Science, Energy, and Renewables industries.