Cognizant, a provider of information technology, consulting, and business process outsourcing services, has announced it will fork out US$2.7 billion in cash to acquire Colorado-based TriZetto, which focuses on healthcare IT software and service solutions.
The combined company will have more than US$3 billion in healthcare revenue and will serve nearly 245,000 healthcare providers, as well as approximately 350 payers with roughly 180 million covered lives in the US.
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