Cognizant a leading provider of global consulting, technology and business process services, today announced the acquisition of substantially all of the assets of Los Angeles, CA-based Strategic Vision Consulting, Inc. (SVC), a leading management and technology consulting firm with over 60 employees serving the media and entertainment industry. Terms of the transaction were not disclosed.

SVC focuses on high-impact consulting and systems implementation for leading media and entertainment companies, including the major studios, broadcasters, post-production facilities and interactive media companies. In addition, SVC possesses extensive experience providing technology strategy and planning, and program and project management services.

"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," said Francisco D’Souza, president and CEO, Cognizant. "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."

"We are very pleased to join the Cognizant family," said Frank Leal, co-founder and managing principal, SVC. "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."