The Texas Enterprise Fund is offering $2.1 million in incentives to Cognizant, a technology consulting and outsourcing company that is opening a new office in Irving.

The New Jersey-based Fortune 500 company says it plans to hire at least 1,090 new employees in Irving, where it is investing about $8 million for the new office expected to open in early 2018.

In August, the Irving City Council committed to give Cognizant $500 for each new job — about half a million dollars in total if all the promised jobs are created. The company's Irving operations are expected to add more than $10 million to Irving's tax rolls.

"Growing technology companies like Cognizant continue to seek talented and qualified individuals to become the next generation of leaders, and that is exactly what Texas provides," Gov. Greg Abbott said a statement Thursday. The company already has about 3,600 workers in Texas.

The 40,000-square-foot office complex at 5001 Statesman Drive in northwest Irving will consolidate some 600 Cognizant workers already working in the Irving area.

The Nasdaq-listed company had about $13.5 billion in revenue in 2016 and employed 260,000 globally — 47,500 in North America and 188,000 in India and the rest in Europe.

Lawsuits, corruption investigation

Cognizant faces several class action lawsuits after its share price tumbled late last year when the company disclosed that it may have violated federal Foreign Corrupt Practices Act in connection with some $6 million in payments in India. Cognizant's then-president, Gordon Coburn, resigned after the disclosure.

Cognizant initiated an internal investigation into the issue in September 2016. The company also notified the U.S. Department of Justice and the stock market regulator U.S. Securities and Exchange Commission and are "cooperating fully with both agencies."

In its latest filing with the SEC, the company said "the outcome of the internal investigation being conducted under the oversight of our Audit Committee of possible violations of the Foreign Corrupt Practices Act, or FCPA, and similar laws and related litigation could have a material adverse effect on our business, annual and interim results of operations, cash flows and financial condition."

Cognizant shares, which fell to a low of about $47 last year after the disclosures, has bounced back and was trading at $72 on Thursday.