GlobalLogic
GlobalLogic is a digital product engineering services company headquartered in San Jose, California, United States.[2] It is a privately held company funded by Partners Group[3] and CPP Investment Board.[4][5] GlobalLogic provides software product design and development services.
| Private | |
| Industry | Software development |
| Founded | 2000 |
| Headquarters | San Jose, California |
Key people | Shashank Samant (CEO), Raj Radhakrishnan (CRO), Nitesh Banga (COO), Scott Brubaker (CFO), Arya Barirani (CMO), Zaheer Allam (CCO), Jim Walsh (CTO), Amy Hanlon-Rodemich (CPO) |
| Revenue | USD $850M+[source?] |
Number of employees | 20,000+[1] |
Company overview
Early history
GlobalLogic got its start in 2000 as Induslogic, a provider of outsourced software and product development services. Peter Harrison was appointed CEO in 2001 and Vasudev Bhandarkar joined the board in 2004. Under the direction of its CEO Peter Harrison, the company incubated Pine Labs in 2001 and then divided this subsidiary in 2006 before selling it to Sequoia Capital.
In 2006, Induslogic merged with Bonus Technology to form GlobalLogic, a new global product development services company.[6]
The same year, the company received Series B venture round funding of $12.5M from Sequoia Capital and New Enterprise Associates in 2006[7] and acquired Lambent Technologies, an offshore software R&D services firm based in Nagpur, India.[8]
2008-2013
In 2008, GlobalLogic opened offices in London, naming Mike Daniels as chairman of the board and hiring Shashank Samant as President.The same year, it acquired U.S.-based Validio Software and its Ukraine-based development center.
In 2012, CEO Peter Harrison became vice chairman and its president, Shashank Samant, was appointed CEO.[9]
2014-2021
In 2014, GlobalLogic hired Zaheer Allam as chief delivery officer[10] and opened new delivery centers in Nagpur, India[11] and Kosice, Slovakia.[12] In 2015, the company opened a delivery center in Kraków, Poland.[13] In 2016, Peter Bonfield took over the role of board chairman.[14] The same year, GlobalLogic acquired REC Global, a Poland-based software development provider specializing in embedded technologies.[15]
References
- ↑ Hitachi to buy U.S. Software developer GlobalLogic for $9.6 billion. 31 March 2021. https://www.reuters.com/article/us-hitachi-globallogic/hitachi-to-buy-u-s-software-developer-globallogic-for-9-6-billion-idUSKBN2BN0ED.
- ↑ "GlobalLogic to acquire Indian firm". The Hans India. 2016-09-27. Retrieved 2018-05-24.
- ↑ Partners Group to Acquire GlobalLogic Stake from Apax Partners. 21 May 2018. https://www.bloomberg.com/news/articles/2018-05-21/partners-group-to-acquire-globallogic-stake-from-apax-partners.
- ↑ Pm, Indulal; Mendonca, Jochelle (12 January 2017). Apax Partners sells 48% of GlobalLogic to CPPIB in $1.5 billion deal. https://economictimes.indiatimes.com/tech/ites/apax-sells-48-stake-in-it-outsourcing-firm-globallogic-to-cppib-in-1-5-bln-deal/articleshow/56480971.cms?from=mdr.
- ↑ "GlobalLogic Practices". Archived from the original on 2016-01-23. Retrieved 2021-06-07.
- ↑ "Induslogic and Bonus Technology Merge". 22 September 2006.
- ↑ "GlobalLogic Engineering Product Dreams".
- ↑ "GlobalLogic Invests in India". Archived from the original on 17 April 2016.
- ↑ "GlobalLogic Announces Shashank Samant as New CEO | GLobalLogic Latinoamerica" (in es-AR). GLobalLogic Latinoamerica. 2012-05-02. https://www.globallogic.com/latam/gl_news/globallogic-announces-shashank-samant-as-new-ceo/. Retrieved 2017-11-06.
- ↑ "GlobalLogic Continues Leadership Momentum with Hire of Zaheer Allam". Press release. http://www.prnewswire.com/news-releases/globallogic-continues-leadership-momentum-with-hire-of-zaheer-allam-282249741.html.
- ↑ "GlobalLogic Opens New Centre in India". Archived from the original on 2014-12-22. Retrieved 2021-06-07.
- ↑ "GlobalLogic Opens a New Office in Europe". Archived from the original on 2017-10-27. Retrieved 2021-06-07.
- ↑ "GlobalLogic Establishes New Engineering Center in Poland". Press release. http://www.prnewswire.com/news-releases/globallogic-establishes-new-engineering-center-in-poland-to-drive-european-growth-300117435.html.
- ↑ "GlobalLogic Acquires REC Global". Press release. http://www.prnewswire.com/news-releases/globallogic-acquires-rec-global-extending-software-product-development-leadership-300202488.html.
- ↑ "GlobalLogic festigt durch Übernahme von REC Global seine Präsenz in Europa". digital-magazin.de. 21 January 2016.