IT and BPO services company Cognizant, based in Chennai, India, has today announced its acquisition of The PIPC Group, a global project management consulting firm based in London.

PIPC has a workforce of around 200 staff, based primarily in the UK, Australia, New Zealand and the US. Established in 1992, PIPC has assisted companies including the BBC, banking group Santander and Malaysian Airlines to deliver business-wide transformation projects, using the firm's Project Management Office (PMO) methodology and Project Health Diagnostic (PHD) tool.

A particular area of specialism is post-merger integration, which accounts for some 35 percent of the firm's business.

"At a time when cyclical and secular pressures are driving clients to seek new performance thresholds, effective program management is essential to ensure measurable business outcomes. PIPC’s strategic program management offerings will strengthen our ability to manage increasingly complex global projects while expanding our geographic footprint, particularly in Australia, New Zealand and the UK,” said Francisco D’Souza, President and CEO of Cognizant.

The terms of the deal were not disclosed.