Leading global technology and consulting firm Cognizant has announced the acquisition of all the assets of Strategic Vision Consulting, Inc. (SVC), a Los Angeles-based technology and management consulting company that provides services to the media and entertainment industry. SVC has more than 60 employees. The exact terms of the deal have not been disclosed.  

Strategic Vision Consulting specializes in technology planning and strategy as well as program and project management. It offers high-impact consulting and systems implementation to various media companies, including major studios, broadcasters and interactive media companies. 

Cognizant president and CEO Francisco D'Souza said:

"We welcome the SVC team to Cognizant. This acquisition will expand our consulting capabilities in the media and entertainment industry and will allow us to help media and entertainment companies respond to the opportunities brought about by the digital transformation of the industry. The combination of SVC's strong relationships in the entertainment industry and Cognizant's global delivery model positions Cognizant as a services leader within the fast-growing media and entertainment industry."

Franl Leal, managing principal at SVC, added:

"We are very pleased to join the Cognizant family. The combination of our market-leading consulting capability in the entertainment segment and Cognizant's strengths as a top global services player will allow us to deliver superior services to our collective clients by providing them with a broader range of services. We found a great cultural fit between both companies in terms of commitment to unparallel client satisfaction, entrepreneurial spirit, corporate culture, and overall vision for the future of the global services industry."