You have your facts wrong. Cognizant was a company created with the Dun & Bradstreet spin off in 1996. That Cognizant consisted of Nielsen Media and IMS Health, which were spun off into separate public companies in 1998. Nielsen Media is part of NLSN, IMS was recently taken private. Cognizant Technology, was spun off by D&B at a later date.
Thanks for the clarification. I do know that Nielsen facilities in those days all carried the Cognizant emblems/logos and used the Cognizant letterhead in those days, but I did not know exactly how the spin off was handled. Cognizant, what a story there since 2000 for the shareholders! Absolutely fantastic return on investment. And the P/E on it, while high, is still not out of reasonable limits...I just wish I had gotten in back then, but that's crying over spilt milk now...:-(
yeah Cognizant has been a true star. Its not too late though, it wont match its earlier days, but it is still a very fast growing conmpany. What sets it apart, imho, is that its an american company, and it tries to provide some onsight resources that are truly fluent in english, including hiring americans. While that costs him a bit more than a completely offshore shop, the model works better, and makes their clients happier. Frankly, they are far and away better than tata, which NLSN moved to. I think their stock will only continue to rise for the foreseeable future.