Deal Corner August 01, 2011
Cognizant Technology Solutions U.S. Corporation acquired CoreLogic Global Services Private Limited
Cognizant Technology Solutions U.S. Corporation, through its affiliates ("Cognizant"), acquired CoreLogic Global Services Private Limited ("Corelogic India") for a consideration of USD 50 million. Corelogic India is a private company in India and is engaged in the business of, inter alia, providing software product development, analytical modeling, domain-centric back-office services.
We, at Nishith Desai Associates, acted as Indian legal and tax counsel to Cognizant for this acquisition.