Today TQS Integration has announced the acquisition by Cognizant, the world’s leading professional services company. Cognizant transforms client’s businesses, operating and technology models for the digital era and TQS expects to see significant benefits to their service offering with this acquisition.
TQS has been at the forefront of data intelligence for 20 years and this transaction will allow TQS to continue supporting their clients with the same quality and expertise, and now at a much larger scale.
The transaction is expected to close in the third quarter of 2021, subject to satisfaction of closing conditions. TQS will continue to operate as it does today, under its current management and its brand, as part of the Cognizant group of companies.
The combined Cognizant and TQS expertise will deliver end-to-end Industry 4.0 capabilities, from factory design consultation, machine sensor and controller instrumentation, supervisory control and data acquisition, to manufacturing execution systems, automation, enterprise resource planning integration and managed services for connected biopharmaceutical and medical device manufacturers.
"Our world-class team of data intelligence and technology consultants have built a tremendous track record in helping our life sciences manufacturing clients transform their businesses," said Máire Quilty, corporate managing director, TQS. "Together with Cognizant, we look forward to broadening our impact to manufacturing clients in other industries who are looking to embrace Industry 4.0."
Cognizant currently works with all the top 30 Life Science companies around the world. Many have manufacturing facilities located near Cognizant Technology’s operating hubs in Ireland, India, Germany, Singapore, and the United States.
"TQS enhances Cognizant's end-to-end smart factory capabilities, helping clients realize information and operational technology convergence and drive digital transformation in their manufacturing operations," said Srinivas Shankar, senior vice president and global markets lead, Life Sciences, Cognizant. "With TQS, Cognizant not only becomes one of the industry's most comprehensive solutions for Manufacturing 4.0 for life sciences. We also strengthen our data historian and analytics capabilities to help all our manufacturing clients harness the power of data intelligence to compete in new ways."
TQS sees this as a big opportunity for continued growth and expansion. Together, TQS and Cognizant can help their customers advance the development of life-saving drugs, biologics, specialized pharmaceuticals, and medical devices for patients who need them most.
About TQS Integration
TQS Integration is a global data intelligence company providing turnkey solutions in system architecture and application design, engineering, system integration, project management, commissioning and 24x7 “follow the sun” support services to valued customers. TQS is at the forefront of data intelligence for over 20 years, working with an extensive client base in the Pharmaceutical, Life Science, Food & Beverage, Energy and Renewables industries. As the go-to partner for data collection, contextualization, visualization, analytics, and managed services, we are the main drivers in the world’s leading companies — helping them become leaders in Industry 4.0.
For information, please contact us.
Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the US, Cognizant is ranked 185 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant.