In line with its digital strategy, Cognizant Technology Solutions Corp said on Monday it has entered into an agreement to acquire Lev, a privately-held, digital marketing consultancy in the US.
“Lev helps businesses simplify and modernise their marketing campaigns using Salesforce Marketing Cloud to provide data-driven insight and personalisation across the customer journey, and ultimately drive revenue. The acquisition will further expand Cognizant’s Salesforce practice and is expected to close in the first quarter of 2020, subject to satisfaction of certain closing conditions,” Cognizant said in a statement.
Financial details of the acquisition were not disclosed.
Indianapolis-based Lev is a “Salesforce Platinum Partner” specialising in custom cloud solutions that equip marketers to use automation, personal preferences and data to forge stronger customer connections through personalised experiences.
Lev provides strategic consulting, architecture design, technical optimisation and application integration services. Clients include major brands in healthcare, life sciences, entertainment, technology, utilities, financial services, and education, among other industries.
“In this unprecedented time of uncertainty, we remain committed to our client and partner-focused strategy, investing in capabilities that help clients become fully digital, data-enabled, customer-centric organizations. We continue to significantly invest in cloud as one of our strategic priorities,” said Greg Hyttenrauch, president, Digital Systems and Technology, Cognizant.
“Lev is Cognizant’s third cloud-related acquisition announced in 2020. It will expand Cognizant’s consulting capabilities to help marketers implement Marketing Cloud, personalize customer connections and, in turn, generate better leads. Coupling this with our deep Salesforce quote-to-cash expertise, we will enable clients to effectively use the cloud to transform their critical lead-to-cash processes,” Hyttenrauch added.
Earlier this year, it acquired US-based Code Zero and entered into exclusive negotiations to acquire the French operations of EI-Technologies, a Paris-based digital technology consulting firm. Both of these acquisitions are expected to complement Cognizant’s cloud portfolio apart from expanding its geographic presence.
