Accenture Federal Services has agreed to purchase federal digital transformation and cloud modernization platforms provider Cognosante for an undisclosed sum.
Since 2008, Cognosante has been providing cloud migration support, program management and technology platforms for federal health care programs supporting veterans, active-duty personnel, providers and other beneficiaries, Accenture said Monday.
Accenture‘s (NYSE: ACN) federal arm now has more than 14,000 employees and is expected to integrate Cognosante’s over 1,500 personnel through the acquisition, which is subject to regulatory assessment and other customary closing conditions.
“We are continually innovating and investing to help federal agencies stay ahead of the ever-changing needs of their mission and customers,” said John Goodman, CEO of Accenture Federal Services.
Goodman, a 2024 Wash100 awardee, noted that the company is impressed with Cognosante’s capabilities, people and impact and through the transaction, the entities will leverage technology to meet the country’s priorities.
“As we explored ways to continue to scale and grow, we could not have found a better home than Accenture Federal Services. The company shares our commitment to its clients and people and has industry-leading capabilities, talent, speed, and scale. We look forward to continuing to help our clients modernize, enable the future mission, and enhance the lives of millions of people,” said Michele Kang, founder and CEO of Cognosante.
