This is Cognizant's first acquisition since Brian Humphries took over as CEO in April. Zenith specializes in digital technologies to manage, control, and optimize drug and medical device production.

The Chairman of Cognizant's Board said a CEO ... Ravi Kumar succeeds Brian Humphries, who will be departing from the company on March 15. The company also revised its guidance for the year.

While the COVID-19 coronavirus is changing how businesses work, it is also accelerating their digital transformation and playing into the strengths of Cognizant, CEO Brian Humphries said Wednesday.