Cognizant has completed its acquisition of Munich, Germany-based ESG Mobility, a digital automotive engineering R&D provider for connected, autonomous and electric vehicles.
ESG Mobility provides services across the automotive software stack with key strengths in electrical and electronic systems and connected vehicle applications, as well as emerging capabilities for autonomous and electric vehicles.
Together, Cognizant and ESG Mobility now provide engineering services to eight of the world’s top 10 automotive original equipment manufacturers (OEM), the company said.
The ESG Mobility transaction marks Cognizant’s fourth acquisition in 2021, and 13th acquisition since January 2020, further expanding its capabilities in key digital focus areas of cloud, data and artificial intelligence, digital engineering and IoT, the statement said.
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