Cognizant completes marketRx acquisition
By Our Corporate Bureau | 19 Nov 2007
Global IT and business process outsourcing services provider, Cognizant Technology Solutions Corporation, today announced the completion of the acquisition of the New Jersey-based analytics and related software services provider marketRx, Inc.
marketRx, is focused on business analytics to global life sciences companies in the pharmaceutical, biotechnology and medical devices segments. With over 430 employees in the US, India and Europe, marketRx enables their customers at global pharmaceutical and biotechnology companies to improve the effectiveness of their sales and marketing operations.
Sequoia-backed marketRx has received many notable industry recognitions since its inception in 2000 including:
Deloitte's 'Fastest Growing Technology Companies' in North America for two consecutive years (2005 and 2006); PwC & Entrepreneur magazine's 'Hot 100' fastest growing companies in the US (2005); Inc.500's 'Fastest Growing 500 companies' (2005); and SiliconIndia magazine's 'i100 list of Top 100 technology companies formed in the US by people of Indian origin'.