GlobalLogic is an American digital services company providing software product design and development services. It is an independent subsidiary of

Hitachi Ltd () is a Japanese multinational conglomerate corporation headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group (''Hitachi Gurūpu'') and had formed part of the Nissan ''zaibatsu'' and later DKB Group and Fuyo Gr ...

. GlobalLogic has corporate headquarters in

San Jose, California San Jose, officially San José (; ; ), is a major city in the U.S. state of California that is the cultural, financial, and political center of Silicon Valley and largest city in Northern California by both population and area. With a 2020 popul ...

Company overview

Early history

GlobalLogic got its start in 2000 as Induslogic, a provider of outsourced software and product development services. Induslogic maintained a service delivery center in

Noida Noida, short for New Okhla Industrial Development Authority, is a planned city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. Noida is a satellite city of Delhi and is a part of the National Capital Region (NCR) o ...

, India. Rajul Garg and Tarun Upadhyay had worked together to start

Pine Labs Pine Labs is an Indian company that provides financing and last-mile retail transaction technology. It was founded in 1998. It is one of the unicorn companies, with a valuation of over US$5 billion. It provides a merchant platform and makes s ...

in 1998. 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

in 2001 and then divided this subsidiary in 2006 before selling it to

Sequoia Capital Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California, and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. , Sequoia's total a ...

. In 2006, Induslogic merged with Bonus Technology to form GlobalLogic, a new global product development services company. The same year, the company received Series B venture round funding of $12.5M from

and

New Enterprise Associates New Enterprise Associates (NEA) is an American-based venture capital firm. NEA focuses investment stages ranging from seed stage through growth stage across an array of industry sectors. With ~$25 billion in committed capital, NEA is one of the w ...

in 2006 and acquired Lambent Technologies, an offshore software R&D services firm based in

Nagpur Nagpur (pronunciation: Help:IPA/Marathi, aːɡpuːɾ is the third largest city and the winter capital of the Indian state of Maharashtra. It is the 13th largest city in India by population and according to an Oxford's Economics report, Nag ...

, India.

2008–2013

In 2008, GlobalLogic opened offices in

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

, 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. Also, in 2008, the company received $29.5M in Series C venture round funding from Sequoia Capital, New Atlantic Ventures, and New Enterprise Associates. In 2009, GlobalLogic partnered with LumenData, a product development and services firm focused on enterprise data management, to open a delivery center in

Bangalore Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...

. GlobalLogic also acquired two software R&D services firms: InterObject and Cubika. InterObject, based in

Ramat Gan Ramat Gan ( he, רָמַת גַּן or , ) is a city in the Tel Aviv District of Israel, located east of the municipality of Tel Aviv and part of the Tel Aviv metropolitan area. It is home to one of the world's major diamond exchanges, and many ...

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

, works with

embedded software Embedded software is computer software, written to control machines or devices that are not typically thought of as computers, commonly known as embedded systems. It is typically specialized for the particular hardware that it runs on and has time ...

, mobile and

streaming media Streaming media is multimedia that is delivered and consumed in a continuous manner from a source, with little or no intermediate storage in network elements. ''Streaming'' refers to the delivery method of content, rather than the content it ...

products. Cubika, based in

Buenos Aires Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South ...

Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...

, builds software products for the media, entertainment, telecom and finance markets. In 2010, GlobalLogic received funding from

Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...

. In 2011, GlobalLogic opened an office in

Santiago, Chile Santiago (, ; ), also known as Santiago de Chile, is the capital (political), capital and largest city of Chile as well as one of the largest cities in the Americas. It is the center of Chile's most densely populated Regions of Chile, region, t ...

to expand its operations in South America. It then acquired Rofous Software, a content engineering firm headquartered in

Hyderabad, India Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the '' de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River, in the northern part of Southern In ...

with specialization in content engineering. The same year, GlobalLogic acquired

Method Incorporated Method, Inc. is a global design and engineering firm with offices in New York City, Charlotte, Atlanta, Denver, and London. History Method is an international strategic design firm focused at the intersection of brand, product, and service desig ...

, a brand experience agency with offices in

San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

and

. In 2012, CEO Peter Harrison became vice chairman and its president, Shashank Samant, was appointed CEO. In 2013,

Apax Partners Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of December 2017, the firm, including its ...

("Apax"), a global private equity firm, acquired GlobalLogic. Rohan Haldea, Walden Rhines and Peter Bonfield joined the company's board of directors, and Salim Nathoo was named chairman.

2014–2021

In 2014, GlobalLogic hired Zaheer Allam as chief delivery officer and opened new delivery centers in

, India and Kosice, Slovakia. In 2015, the company opened a delivery center in

Kraków Kraków (), or Cracow, is the second-largest and one of the oldest cities in Poland. Situated on the Vistula River in Lesser Poland Voivodeship, the city dates back to the seventh century. Kraków was the official capital of Poland until 1596 ...

, Poland. In 2016, Peter Bonfield took over the role of board chairman. The same year, GlobalLogic acquired REC Global, a Poland-based software development provider specializing in embedded technologies. In 2017, the Canadian Pension Plan Investment Board (CPPIB) acquired 48% of GlobalLogic from Apax. In 2018, Apax Partners sold its remaining 48% stake private equity firm

Partners Group Partners Group Holding AG is a Swiss-based global private equity firm with US$127 billion in assets under management in private equity, private infrastructure, private real estate and private debt. The firm manages a broad range of funds, struct ...

,. In 2019, GlobalLogic acquired U.S.-based Skookum, a digital strategy and design firm. In 2020, GlobalLogic appointed Rajaram Radhakrishnan as chief revenue officer. The same year, GlobalLogic partnered with

SimCorp SimCorp () is a Danish company providing software and services to financial institutions such as asset managers, banks, national banks, pension funds, sovereign wealth funds and insurance companies worldwide. Their core product is the ''SimCorp ...

to change the cloud delivery model for the SimCorp Dimension platform. GlobalLogic then acquired Meelogic Consulting AG, a Berlin-based healthcare and automotive-focused software engineering firm. Next it acquired the ECS Group, a UK-based digital transformation consultancy. On March 31, 2021,

Hitachi () is a Japanese multinational corporation, multinational Conglomerate (company), conglomerate corporation headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group (''Hitachi Gurūpu'') and had formed part of the Ni ...

announced that it would buy GlobalLogic for $9.6 billion. The acquisition was completed on July 14, 2021. Under the terms of merger, Globalogic will continue to operate as an independent subsidiary.

OpenStreetMap Foundation 2018 elections incident

During the 2018

board Board or Boards may refer to: Flat surface * Lumber, or other rigid material, milled or sawn flat ** Plank (wood) ** Cutting board ** Sounding board, of a musical instrument * Cardboard (paper product) * Paperboard * Fiberboard ** Hardboard, a ty ...

elections of the

OpenStreetMap Foundation The OpenStreetMap Foundation (abbreviated OSMF) is a non-profit foundation whose aim is to support and enable the development of freely-reusable geospatial data. It is closely connected with the OpenStreetMap project, although its constitution does ...

, more than 100 individuals registered from the same IP address within a few hours. The signups were flagged immediately as suspicious but were not rejected by the OSMF board, because they were received after the deadline and so were not eligible to vote. Those voting to keep the memberships stated that there was no assumption of ill intent. The OpenStreetMap Membership Working Group released a public report indicating a large group of signups from GlobalLogic. GlobalLogic then offered to withdraw the memberships, and the OSMF board accepted the offer as resolution in February 2019.

References

{{DEFAULTSORT:Globallogic 2021 mergers and acquisitions Consulting firms established in 2000 American companies established in 2000 Information technology consulting firms of the United States Outsourcing companies Companies based in San Jose, California CPP Investment Board companies Hitachi American subsidiaries of foreign companies