Cognizant to Acquire Astreya to Strengthen AI Infrastructure, Managed Services Capabilities

Cognizant has agreed to acquire IT managed service provider Astreya for an undisclosed amount, as the IT services firm looks to deepen capabilities in AI-led managed services and infrastructure amid a global surge in data centre investments.

The transaction, expected to close in the second quarter of 2026, subject to regulatory approvals, comes as Cognizant accelerates its shift to an ‘AI builder’ model, focused on helping enterprises operationalise AI at scale rather than limiting itself to advisory or pilot deployments.

Founded in 2001 and operating in over 35 countries, Astreya provides managed services across data centres, enterprise networks and digital workplace systems. It counts several large technology firms among its clients, including long-term engagements with multiple hyperscalers. The company has built an AI-led operations platform, AI OpsHub, which includes tools for analytics, automation and system monitoring.

For Cognizant, the acquisition adds production-grade AI operations capabilities at a time when enterprises are grappling with the complexity of deploying and managing AI infrastructure. The deal also strengthens its positioning in infrastructure services, a segment that is seeing renewed interest alongside large-scale investments in AI data centres globally.

“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 operationalise them at scale,” Cognizant CEO Ravi Kumar S said in a statement.

Industry estimates cited by the company suggest AI data centre infrastructure spending could reach $6.7 trillion between 2025 and 2030, with the five largest hyperscalers expected to spend nearly $700 billion on infrastructure in 2026 alone. 

The acquisition is also expected to expand Cognizant’s partnerships with platforms such as Google Cloud and ServiceNow, where Astreya already has established ecosystem relationships.

Cognizant noted that Astreya’s capabilities would allow it to offer ready-to-deploy AI operations tools and talent to clients, while giving Astreya access to a larger global delivery network and broader enterprise customer base.

“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,” said Romil Bahl, President and CEO, Astreya. “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.”

The move also follows a series of strategic shifts by large IT services firms to align with AI-led spending cycles, as traditional application development and maintenance work faces pricing pressure and slower growth.

The announcement comes alongside Cognizant’s unveiling of Project Leap, a company-wide transformation programme aimed at accelerating its shift to an AI-first operating model while tightening costs, with expected savings of $200-300 million in 2026.

For the quarter ended March 31, Cognizant reported revenue of $5.4 billion, up 5.8% year-on-year, or 3.9% in constant currency.