Cognizant acquires AimNet
By Our Corporate Bureau | 06 Sep 2006
Chennai: Information technology (IT) services company Cognizant Technology Solutions has acquired Massachusetts based AimNet Solutions Inc., a managed infrastructure and professional services firm.
The acquisition strengthens Cognizant's IT infrastructure services practice. This marks the first time that a leading offshore IT services company has joined with a leading independent, US-based managed service provider to create a single, secure, seamless, global delivery model, managed with common platform and processes worldwide.
The six-year old, AimNet, a privately held company was founded by former AT&T employees. The company has 100 employees on its rolls. The acquisition also gives Cognizant a state of the art US-based network operations centre, a world-class patent-pending, proprietary infrastructure management software platform, an installed base of over 80 direct and indirect customers and partners, and high-end network and infrastructure consulting capabilities in areas such as network architecture, planning, design and infrastructure security solutions.
In addition, Cognizant gains a highly experienced management team, led by industry veteran Ed Nalbandian, CEO of AimNet, who will join Cognizant to manage its IT infrastructure services practice.
"This acquisition demonstrates our commitment to continue building on the success of Cognizant's fast-growing IT infrastructure services practice by expanding the depth of services we can provide to our customers," said Lakshmi Narayanan, president and CEO of Cognizant.
AimNet offers a full range of IT infrastructure management services from consulting to 24x7x365-managed services. AimNet's expertise spans a wide spectrum of clients' IT infrastructure, including wide area network (WAN), local area network (LAN), virtual private network (VPN), security, IP telephony, server and application support. These services are powered by AimNet's enterprise-class, ITIL-based 'On Target' Network Management Platform deployed at its network operations centre in Massachusetts.
