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Major Tech Company Moving To Texas

Former Texas Governor Rick Perry (R)

A major information and technology company is relocating its U.S. operations hub from New Jersey to Texas and expects to add 10,000 jobs nationwide over the next three years.

Cognizant is headquartered in Teaneck, New Jersey. But President Gordon Coburn said Monday the company is relocating to the college town of College Station in part to draw potential employees from Texas A&M University.

Appearing at an event with Gov. Rick Perry, Coburn praised Texas' business climate and said 750 of the positions — or perhaps more — would be created in the state alone by around 2016.

Perry and Cognizant also announced a 3-year, $150,000 grant to support science, technology, engineering and mathematics education at Texas A&M.

Cognizant employs about 166,000 people worldwide, and already has 2,000 in Texas.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.