A leader in digital engineering and a Hitachi Group company, GlobalLogic announced that it has finalised an acquisition deal to buy Mobiveil, a US-based provider of specialised embedded engineering services.
Through the acquisition, GlobalLogic will increase its current Embedded Software capabilities, which are critical for new digital goods and services in important sectors like automotive, media, medical technology, high tech, semiconductors, and media. Along with notable customer relationships, the acquisition gives GlobalLogic instant access to a sizable pool of highly qualified staff that is pertinent to the sector.
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"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."
Mobiveil's established Centres of Excellence (CoEs) for embedded engineering, situated in five locations across the United States and India, will be advantageous to GlobalLogic. The current CoEs in Central and Eastern Europe run by GlobalLogic will be supplemented by these centres. The talents of Mobiveil will improve GlobalLogic's performance in the areas of ASIC, hardware, and embedded software.
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"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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About GlobalLogic
GlobalLogic is a leader in digital engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise—we help our clients imagine what’s possible and accelerate their transition into tomorrow’s digital businesses.
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About Mobiveil
Mobiveil is a fast‐growing technology company that specializes in development of Silicon Intellectual Properties, platforms, and solutions for the networking, storage and enterprise markets. Mobiveil team leverages decades of experience in delivering high‐quality, production‐proven, high-speed serial interconnect Silicon IP cores and custom and standard form factor hardware boards to leading customers worldwide.