Home Top Stories GlobalLogic pronounces acquisition of US-based Mobiveil

GlobalLogic pronounces acquisition of US-based Mobiveil

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GlobalLogic pronounces acquisition of US-based Mobiveil

GlobalLogic, a Hitachi Group Firm, has entered right into a definitive settlement to amass Mobiveil, a specialised embedded engineering companies agency headquartered in america. The acquisition goals to broaden GlobalLogic’s current capabilities in Embedded Software program which is important for brand new digital services in key industries together with Semiconductor, Automotive, Media, and MedTech, and Excessive Tech.The acquisition additionally brings marquee consumer relationships and suppliesGlobalLogic with fast entry to a considerable expert expertise pool related to the business.
GlobalLogic will profit from Mobiveil’s mature embedded engineering Facilities of Excellence (CoEs) based mostly in 5 places throughout the US and India. These centres will complement GlobalLogic’s current CoEs in Central and Jap Europe. Mobiveil’s competencies will improve GlobalLogic’s capabilities throughout embedded software program, {hardware} and ASIC applied sciences.
“That is an unimaginable alternative to convey collectively two modern corporations with extremely skilled expertise serving most of the world’s high manufacturers,” mentioned Nitesh Banga, CEO, GlobalLogic. “This strategic transfer underscores our dedication to assembly evolving consumer calls for and cultivating a extremely expert expertise pool. We’re excited to welcome Mobiveil into the GlobalLogic household and sit up for writing the following chapter within the business collectively.”
“Our journey with GlobalLogic started as a collaboration, and it’s now evolving into an integration that can convey immense worth to our shoppers, “mentioned Ravi Thummarkudy, CEO, Mobiveil. “We’re comfortable to affix forces with GlobalLogic, a extremely revered title in Digital Engineering and part of the Hitachi Group. This acquisition presents Mobiveil the chance to develop into a part of GlobalLogic’s distinctive tradition, and to broaden our capabilities and collaborate on new, modern initiatives. We sit up for leveraging this partnership to ship cutting-edge options and elevate our business affect.”
Three co-founders of Mobiveil, Ravi Thummarukudy, Gopa Periyadan and Srinivasan Duraiswamy will be a part of the GlobalLogic management workforce.

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