Cognizant, one of the largest information and technology companies in the country, has acquired a Durham tech company in a deal that will create a new foothold in the Triangle for the New Jersey-based tech consulting firm.
Cognizant said Thursday that it had acquired Bright Wolf, a company that was founded by alumni from N.C. State University and UNC-Chapel Hill’s computer science departments.
The financial terms of the deal were not disclosed, but Cognizant said the Bright Wolf team would be the “core” of a new Internet-of-Things (IoT) innovation lab in the Triangle.
Read more about the acquisition and Bright Wolf’s connection with RIoT at Raleigh News & Observer.