GlobalLogic Announces Acquisition of Mobiveil
GlobalLogic, a Hitachi Group Company and a leader in Digital
Engineering, announced that it has entered into a definitive agreement to
acquire Mobiveil, a specialized embedded engineering services firm
headquartered in the United States. The acquisition will expand GlobalLogic’s
existing capabilities in Embedded Software which is essential for new digital
products and services in key industries including Semiconductor, Automotive,
Media, MedTech, and High Tech. The acquisition also brings marquee client
relationships and provides GlobalLogic with immediate access to a substantial
skilled talent pool relevant to the industry.
GlobalLogic will benefit from Mobiveil’s mature
embedded engineering Centers of Excellence (CoEs) based in five locations
across the US and India. These centres will complement GlobalLogic’s existing
CoEs in Central and Eastern Europe. Mobiveil’s competencies will enhance
GlobalLogic’s capabilities across embedded software, hardware, and ASIC
technologies.
"This is an incredible opportunity to bring
together two innovative firms with highly experienced talent serving many of
the world’s top brands,” said Nitesh Banga, CEO, GlobalLogic. “This strategic
move underscores our commitment to meeting evolving client demands and
cultivating a highly skilled talent pool. We’re excited to welcome Mobiveil
into the GlobalLogic family and look forward to writing the next chapter in the
industry together."
"Our journey with GlobalLogic began as a
collaboration, and it is now evolving into an integration that will bring
immense value to our clients," said Ravi Thummarkudy, CEO, Mobiveil. “We
are happy to join forces with GlobalLogic, a highly respected name in Digital
Engineering and a part of the Hitachi Group. This acquisition offers Mobiveil
the opportunity to become part of GlobalLogic’s unique culture and to expand
our capabilities, and collaborate on new, innovative projects. We look forward
to leveraging this partnership to deliver cutting-edge solutions and elevate
our industry impact.”
Three co-founders of Mobiveil, Ravi Thummarukudy,
Gopa Periyadan, and Srinivasan Duraiswamy will join the GlobalLogic Leadership
team.
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