GlobalLogic Acquires Fortech
November 21, 2022
GlobalLogic, a Hitachi Group company, signed a definitive agreement to acquire Fortech, a digital engineering software services firm headquartered in Romania. The acquisition is intended to strengthen GlobalLogic’s European presence and expand access to Romania’s talent and blue-chip client base, with Fortech to continue operating as a wholly owned subsidiary.
- Buyers
- GlobalLogic Inc.
- Targets
- Fortech
- Industry
- Software
- Location
- Romania
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
GlobalLogic Acquires Hexacta
January 5, 2023
IT Services
GlobalLogic, a Hitachi Group company, has acquired Hexacta, a Pan-Latin-America digital and data engineering firm headquartered in Uruguay. The acquisition adds more than 800 engineers across 10 development centers, expanding GlobalLogic's nearshore delivery footprint and capabilities in software, data engineering, and UI/UX services.
-
Hitachi Acquires GlobalLogic
July 14, 2021
IT Services
Hitachi, Ltd., through its U.S. subsidiary Hitachi Global Digital Holdings (HGDH), acquired GlobalLogic, a Silicon Valley–headquartered digital engineering services firm, in a transaction announced March 31, 2021 and completed July 14, 2021. The deal valued GlobalLogic at $8.5 billion of equity ($9.5 billion enterprise value) and expands Hitachi's Lumada digital solutions capabilities by adding GlobalLogic's ~21,000 engineering and design professionals.
-
GlobalLogic Acquires ECS Group
November 23, 2020
IT Services
GlobalLogic Inc. has acquired ECS Group, a London-based digital transformation and DevOps consultancy with strong AWS capabilities. The acquisition expands GlobalLogic’s cloud-centric capabilities and Financial Services footprint in Europe; ECS will operate as a wholly owned subsidiary under its existing leadership.
-
GlobalLogic Acquires Mobiveil
December 19, 2023
Engineering Services
GlobalLogic, a Hitachi Group company, has entered into a definitive agreement to acquire Mobiveil, an embedded engineering services firm headquartered in Silicon Valley. The acquisition expands GlobalLogic's embedded software, hardware and ASIC capabilities and brings Mobiveil's Centers of Excellence and client relationships into GlobalLogic's digital engineering portfolio.
-
SOCOTEC Consulting, Inc. Acquires Forge Engineering, Inc.
September 9, 2021
Engineering Services
SOCOTEC Consulting, Inc., part of the SOCOTEC Group, has completed the acquisition of Forge Engineering, a Naples, Florida-based engineering firm. The deal adds forensics, geotechnical, environmental engineering and construction materials testing capabilities to SOCOTEC's U.S. technical services platform and expands its presence in the Southeastern United States.
-
Futuris Company Acquires Majority Stakes in Fourth Technologies (Fortek) and Soft2001
September 9, 2020
Staffing & HR
Futuris Company signed definitive agreements to acquire majority ownership in two Cherry Hill, New Jersey-based staffing firms, Fourth Technologies, Inc. (Fortek) and Soft2001, Inc. The two companies together generate roughly $7.25 million in annual revenue and the deals are intended to expand Futuris's HCM/staffing platform in the Northeast U.S.; both transactions were expected to close in September 2020.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.