Accenture Acquires Cognosante to Expand Federal Digital Transformation Capabilities

Cognosante, a federal digital transformation and cloud modernization platforms provider, has been acquired by Accenture Federal Services. The financial terms of the acquisition have not been disclosed. Since 2008, Cognosante has provided cloud migration support, program management, and technology platforms for federal health care programs that serve veterans, active-duty personnel, providers, and other beneficiaries. With the acquisition of Cognosante’s over 1,500 personnel, Accenture Federal Services is expected to expand further pending regulatory assessment and other standard closing conditions.

Accenture’s federal arm, listed on the New York Stock Exchange under the ticker symbol ACN, now employs more than 14,000 individuals. John Goodman, the CEO of Accenture Federal Services and recipient of the 2024 Wash100 award, highlighted the company’s ongoing commitment to innovation and investment to support federal agencies in meeting the evolving needs of their mission and customers. Goodman expressed admiration for Cognosante’s capabilities, personnel, and impact, indicating that through this acquisition, the two entities will leverage technology to address the nation’s priorities.

Michele Kang, the founder and CEO of Cognosante, expressed enthusiasm about the acquisition. She described Accenture Federal Services as an ideal fit due to its dedication to clients, employees, and industry-leading capabilities. Kang emphasized that the merger will allow for continued support in modernizing operations while enabling future missions positively impacting millions of individuals.

Through this acquisition by Accenture Federal Services