Mar 30, 2015, by Dominique Raviart
Sopra Steria has announced its financial results for 2014, focusing on its profitability performance (revenues were previously published in February). Our key takeaways from the announcement are discussed here.
U.K. Will Continue to Outperform Other Sopra Steria Geographies in 2015
Sopra Steria U.K. had phenomenal growth in 2014 (+18.2% organically) to ~€859m. Profitability was high (ad[...]
Sep 15, 2014, by Dominique Raviart
Cognizant is to acquire TriZetto, a healthcare ISV in the U.S., for $2.7bn in cash.
TriZetto has a headcount of 3.7k (Cognizant at end of H1 2014: 187k.4). In its last 12 months, TriZetto had $711m in revenues and a non-GAAP operating margin of 18.4% (Cognizant in 2013: 20.6%).
TriZetto LTM revenues breakdown by service/product line is:
Payer software: 40% (~$277m)
Consulting: 23% (~[...]