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Cognizant Technology Solutions, an IT and BPO services company, said it will pay $135 mn in cash to acquire New Jersey-based marketRx, a provider of analytics and related software services to life sciences companies. It’s the biggest acquisition made by Cognizant so far, and among the biggest in high-end business process outsourcing space recently. Cognizant is believed to have pipped IT services giant Infosys Technologies in bagging the deal.

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