Cognizant bags Network Appliance order

CHENNAI: Indo-American software services supplier Cognizant Technology

Solutions Corp said on Monday it had bagged a major outsourcing contract from US

data storage systems maker Network Appliance.

The Teaneck, New Jersey-based company, which does a major part of its

software development from facilities in the Chennai, said in a statement it had

been selected by Network Appliance to manage the company's core data warehouse.

Cognizant did not, however, provide any financial details of the

"long-term application outsourcing" deal.

"The pace of blue-chip companies seeking long-term strategic partners

for large-scale outsourcing services is accelerating," the statement quoted

chairman and CEO Kumar Mahadeva as saying.

In February, Cognizant, which provides custom software services for

multinational companies from support centers in India, reported forth-quarter

net earnings of $4.6 million, or 23 cents a share, verus $5.4 million, or 27

cents a share, a year ago.