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Cognizant to buy TriZetto for 27 billion to boost healthcare business

2014-09-15 19:54:29| IT Services - Topix.net

Cognizant Technology Solutions Corp struck its biggest deal on Monday, acquiring healthcare IT services provider TriZetto Corp for $2.7 billion to beef up its slowing healthcare business. Shares of the company, which is buying TriZetto from London-based private equity firm Apax Partners LLP, rose nearly 3 percent in premarket trading.

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