Cognizant, the Teaneck, New Jersey IT services company, has signed a definitive agreement to acquire DyFlex Solutions, an Australian SAP consultancy and SAP Platinum Partner. Cognizant announced the deal on October 21, 2026.
Financial terms were not disclosed. The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals and other customary conditions, and the two companies will run as separate businesses until then.
Cognizant said it plans to pair DyFlex's SAP consultants and delivery tools with its own AI software after the deal closes. DyFlex chief executive Evan Mantis said clients would keep working with the same teams.
What DyFlex built
DyFlex was founded in 2011 and has grown to more than 300 people. It is headquartered in North Sydney, according to its website, and has offices in Perth, Melbourne, Adelaide and Auckland, along with a delivery operation in the Philippines. Cognizant's announcement describes it as one of the leading employers of SAP talent in Australia and New Zealand.
The firm advises on, implements and runs SAP systems. Its work covers finance, digital supply chain, asset maintenance, human resources and data and analytics, and it handles both SAP's public and private cloud editions. Its website lists work with S/4HANA, RISE with SAP, SAP Business Technology Platform, SAP Analytics Cloud, SAP Datasphere, SAP Signavio and SAP SuccessFactors.
DyFlex has also built its own add-ons that run on SAP, including FlexTrade for commodity pricing, FlexFX for foreign currency and FlexConnect for maintenance planning and work orders. Cognizant said DyFlex has been adding AI to these delivery methods and reusable assets.
Its customers are concentrated in mining and resources, energy and utilities, manufacturing, logistics, the public sector and mid-sized companies. Case studies on its website name clients including Daikin, Powerco in New Zealand, Kimberley Mineral Sands, Beach Energy, YMCA SA and Codan.
DyFlex has made acquisitions of its own. In August 2025 it bought Bluetree, an Australian consultancy that specialises in planning and analytics, techpartner.news reported. DyFlex has not disclosed any outside investors, and its own boilerplate calls it a leading independent, pure-play SAP partner in the region.
“Joining Cognizant would be an exciting next chapter for our clients and colleagues. Our clients would continue to work with the people and expertise they trust, backed by Cognizant's global reach, industry experience and AI capabilities to help them go further, faster.”
Why Cognizant is buying
Cognizant describes itself as an AI builder, focused on turning companies' AI spending into business results. It said DyFlex's regional SAP expertise and proprietary accelerators would be combined with its AI platforms, including Neuro AI Enterprise Core, the Cognizant SAP Agentic AI Platform and its Frontier offerings.
The stated goal is to help clients in Australia and New Zealand move from isolated AI experiments to production AI and agent-based systems inside their SAP environments. "DyFlex brings deep SAP consulting capabilities that are key to reimagining SaaS, modernising clients' business landscapes and driving operational performance," said Roshan Subudhi, senior vice president and head of intelligent enterprise platforms at Cognizant.
Carla Ramchand, Cognizant's managing director for Australia and New Zealand, framed the deal around local staff. "Clients across Australia and New Zealand are seeking practical pathways to modernise core platforms while adopting cloud, data and AI capabilities," she said. "This proposed acquisition would bring DyFlex's deep local SAP talent and strong understanding of Australia's major industries together with Cognizant's AI capabilities and global scale."
What happens to clients and staff
Both companies said existing DyFlex clients should see continuity. Ramchand said the deal would mean clients keep the people they already know, with more options for their transformation projects.
Mantis said DyFlex had grown through long client relationships and investment in its staff and industry expertise. "Our clients would continue to work with the people and expertise they trust, backed by Cognizant's global reach, industry experience and AI capabilities to help them go further, faster," he said, adding that the combined business would look to expand what it offers existing customers.
Neither company said whether the DyFlex name will be kept after closing or how its offices will be integrated into Cognizant's operations in the region.
Timing and next steps
DyFlex posted news of the agreement on its own website on October 23. News items on the site dated August and September 2026 announced that its team had passed 300 people across Australia and New Zealand and that its New Zealand staff were moving to a larger office in Auckland.
Indian news agency PTI, reporting on the deal, described it as a move to strengthen Cognizant's AI-led enterprise work in Australia and New Zealand. Cognizant did not say how much revenue DyFlex brings in or how the business will be reported once the acquisition is complete.
