In his new role, Ajit will take charge of driving profitable growth from strategy to execution, and will oversee delivery, operations, and engineering. The deal if goes through will be the biggest in the engineering services space, and the biggest by any Japanese firm. A + A-Read Full Story. GlobalLogic's expertise stretches from chips to cloud services and will extend the range of Hitachi's own digital services business, company executives told a news conference. Japan's Hitachi said Wednesday it will fully acquire US software company GlobalLogic in a deal worth $9.6 billion as it looks to expand its digital services offerings. Its sales for 2021 are estimated at around $1.2 billion, according to Hitachi. India Business News: GlobalLogic CEO Shashank Samant's net worth is said to have soared to $150-$200 million following the company's acquisition by Hitachi for $9.6 billio Toshiaki Higashihara, President & CEO of Hitachi, said "The acquisition of GlobalLogic creates an exciting new opportunity for Hitachi to expand our offerings of Lumada solutions and services, provide value to customers in their digital transformation journey, and grow our Lumada business globally.The synergy of GlobalLogic's leading experience design and innovation with Hitachi's expertise … GlobalLogic has more than 20,000 professionals in 14 countries, operating design studios and software product engineering centres, with revenue expected to … Hitachi will pay $8.5 billion for the firm, but the cost will be bumped up by the additional repayment of GlobalLogic's outstanding debt, the Japanese company said. GlobalLogic | 336,187 followers on LinkedIn. GlobalLogic's expertise stretches from chips to cloud services and will extend the range of Hitachi's own digital services business, company executives told a news conference. It helps customers design, build, and deliver their next-generation products and digital experiences. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise in areas like Experience Strategy & Design, Big Data and Analytics, DevOps, AI/ML, etc. GlobalLogic is a full-lifecycle product development services leader that combines chip-to-cloud software engineering expertise and vertical industry experience to help our customers design, build, and deliver their next generation products and digital experiences. GlobalLogic Inc., a leader in Digital Product Engineering, today announced the appointment of Ajit Mahale as Vice President - Engineering, for the Nagpur region. ECS adds advanced cloud services to GlobalLogic’s portfolio, expands company’s footprint in the UK and the financial services vertical GlobalLogic Inc., a leader in digital product engineering, today announced that it has acquired ECS Group, a leading digital transformation and DevOps consultancy. GlobalLogic is an exciting success story demonstrating how Partners Group delivers sustainable returns to our clients through transformational investing.” News: Hitachi to buy U.S. software developer GlobalLogic for $9.6 billion GlobalLogic's expertise stretches from chips to cloud services and will extend the range of Hitachi's own digital services business, company executives told a news conference. In addition to the five sectors of "Mobility," "Smart Life," "Industry," "Energy," and "IT," GlobalLogic will be linked up with automobile components manufacturer Hitachi Astemo in order to accelerate the DX of social infrastructure. Hitachi (OTCPK:HTHIY) will acquire American software development start-up GlobalLogic for $9.6B, Nikkei is reporting. He was managing a business portfolio of over 400M Euros. The $31 billion engineering, research and development (E&RD) sector in India is in a jubilant mood with Japan’s Hitachi announcing the acquisition of US-based software development firm GlobalLogic for $9.6 billion.. The company will buy US software developer GlobalLogic for 9.6 billion dollars. Headquartered in Silicon Valley, GlobalLogic is a leading company in the fast-growing digital engineering services market. It designs studios and engineering centers around the world, extending the benefits of its global presence to customers in the telecom, GlobalLogic is a product development services company that specializes in chip-to-cloud software engineering. Hitachi, Ltd. announced that it will acquire GlobalLogic Inc., a leading U.S.-headquartered digital engineering services company. [4] GlobalLogic provides software product design and development services. Japan's Hitachi said Wednesday it will fully acquire US software company GlobalLogic in a deal worth $9.6 billion as it looks to expand its digital services offerings. Hitachi, Ltda. Placing GlobalLogic under its umbrella is a part of Hitachi's policy for accelerating Lumada-related businesses. (TSE: 6501, “Hitachi”) announced today that it will acquire GlobalLogic. GlobalLogic's expertise stretches from chips to cloud services and will extend the range of Hitachi's own digital services business, company executives told a news conference. (President and CEO: Shashank Samant , “GlobalLogic”), a leading US-based digital engineering services company. The acquisition is … Sep 28, 2011 12:09 IST | India Infoline News Service. Examples of Our Work. Hitachi Ltd. is buying U.S. digital engineering services company GlobalLogic Inc. for $9.6 billion, the Japanese industrial, electronic and construction conglomerate said Wednesday. GlobalLogic has more than 20,000 professionals in 14 countries, operating design studios and software product engineering centers, with revenue expected to … GlobalLogic appoints Ajit Mahale as Vice President - Engineering for Western India region | TechGig Before joining GlobalLogic, Ajit was associated with Capgemini as the Chief Delivery Executive of their Banking & Capital Markets Business. GlobalLogic has more than 20,000 professionals in 14 countries, operating design studios and software product engineering centers, with revenue expected to … GlobalLogic News & Media. News of the deal was not well received by the market, however, with Hitachi's share price in Tokyo falling more than 7% on Wednesday. Hitachi Ltd. HTHIY announced its decision to acquire software company GlobalLogic Inc. Japanese firm Hitachi has made a major acquisition to boost its information technology business overseas. GlobalLogic has more than 20,000 professionals in 14 countries, operating design studios and software product engineering centers, with revenue expected to … GlobalLogic is a digital product engineering services company headquartered in San Jose, California. It is a privately held company funded by Partners Group [3] and CPP Investment Board . CPE News (3/31/2021) – Hitachi, Ltd. (TSE: 6501) has agreed to acquire GlobalLogic Inc. from Canada Pension Plan Investment Board (CPP Investments), Partners Group Holding AG, and GlobalLogic management shareholders for an enterprise value of US $9.5 billion.. San Jose, California based GlobalLogic is a leading company in the fast-growing digital engineering services market. 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