Tamil Nadu Industry -
Cognizant
Cognizant
Cognizant
began its software services business in 1994 as the in-house technology
development center for The Dun and Bradstreet Corporation (D&B)
and its operating units. In 1996, the Company became a division of Cognizant
Corporation, after the split-up of the D&B Corp.
In
June 1998, Cognizant Corporation was again spun-off into many independent
companies, and Cognizant Technology Solutions was formed as a division
of IMS Health, the world's leading provider of information solutions to
the pharmaceutical and healthcare industries. In June 1998, the Company
completed its initial public offering and got listed on the NASDAQ
under the symbol CTSH. In November 2002, IMS Health divested its majority
interest in Cognizant through a tax-free split-off,thereby making Cognizant
a truly widely-held company traded on the NASDAQ.