GlobalLogic Inc. - Experts & Thought Leaders

GlobalLogic Inc., a Hitachi Group Company and pioneer in Digital Engineering services, and Akamai, the cloud company that powers and protects life online announces a strategic partnership intended to make a broad range of enterprise technology solutions available to customers globally. As a member of the Akamai Partner Program, GlobalLogic will design and build innovative products, platforms, and digital experiences for customers worldwide leveraging Akamai’s cloud computing services, security, and content delivery network (CDN). GlobalLogic will collaborate with Akamai to offer system integration, managed services, and professional services to mutual customers globally. High-performing applications Through the partnership, GlobalLogic and Akamai will serve customers across industries including media & entertainment, telecommunications, financial services, automotive and ecommerce, all of which have a well-established need to quickly bring to market high-performing applications where security and cost efficiencies are imperative. GlobalLogic and Akamai will serve customers across industries including media & entertainment GlobalLogic’s end-to-end product engineering and build-at-scale capabilities complement Akamai’s ability to scale, protect, and deliver digital experiences online via its massively distributed Akamai Connected Cloud. "Bringing together GlobalLogic’s cutting-edge design and delivery of products, platforms and digital experiences with Akamai’s cloud computing and security solutions worldwide, we are shaping the future of digital transformation," said David Wolf, Group Vice President of Communication, Media, and Entertainment at GlobalLogic. Enterprise technology solutions “Our strategic partnership is intended to drive modern success to the organizations and customers we serve together." “Akamai’s partnership with GlobalLogic combines nearly 50 years of building, integrating and scaling enterprise technology solutions to solve complex business challenges,” said Paul Joseph, executive vice president, global sales and services, Akamai. “We’re harnessing that power to help organizations that are building modern applications, which require contemporary approaches to development, cloud computing and security.”

GlobalLogic Inc., a Hitachi Group company and digital engineering major, announced that it has signed a definitive agreement to acquire Fortech, a globally renowned software engineering services company that is based in Romania. Headquartered in Cluj-Napoca, Romania, Fortech has applied its deep technical capabilities to hundreds of clients and more than 1,000 digital projects throughout nearly two decades of operation — a track record that has ultimately positioned the company as one of Romania’s largest leading independent digital engineering firms. GlobalLogic and Fortech partnership Fortech operates out of four cities in Romania to support top-tier clients across a wide range of industries With 1,100+ people, Fortech operates out of four cities in Romania to support top-tier clients across a wide range of industries. These achievements and capabilities will help GlobalLogic further expand its customer and talent base, as it aims to address the robust global demand for digital transformation (DX). Additionally, Fortech’s seasoned leaders will bring valuable technical and domain experience, along with strong relationships across European markets and marquee clients. Specialization in technology needed for digital evolution “Fortech is a leading firm with proven track record and specialization in technology that is needed for digital evolution,” stated Nitesh Banga, the President and Chief Executive Officer (CEO), GlobalLogic. Nitesh Banga adds, “This acquisition will further enhance GlobalLogic’s presence in Europe, and accelerate our access to the rich technical talent in Romania. It will arm Fortech with the resources and strong backing of GlobalLogic and Hitachi. We are excited to welcome Fortech and their talented people to the GlobalLogic family.” Full-spectrum digital engineering services Founded in 2003, Fortech delivers full-spectrum digital engineering services Founded in 2003, Fortech delivers full-spectrum digital engineering services, including Architecture Design, Software Development, DevOps, Quality Assurance, and Data Analytics. The company has successfully architected, built, and maintained products for clients across numerous industries with a focused specialization in Cloud, IoT (Internet of Things), and SaaS (Software as a Service). Deep domain experience in key high growth verticals Fortech holds deep domain experience in six key high growth verticals, including Automotive, Banking/Finance, Healthcare, Manufacturing, Professional Services, and Technology/Media/Telecom. Fortech’s coverage of key industries and technologies is an incredible match for GlobalLogic. Fortech’s successes have led to it being recognized as one of the 2022 Best Managed Companies in Romania in the first edition of Deloitte’s Romania program. Realizing the power of transformative digital solutions “We’re proud of our legacy, which is based on helping companies realize the power of transformative digital solutions,” said Calin Vaduva, the Chief Executive Officer (CEO), Fortech, adding “Joining forces with GlobalLogic, backed by Hitachi, takes our reach to a whole new level.” Calin Vaduva continues, “Additionally, finding a partner that shares our cultural values with a strong emphasis on people, customers, and societal benefit is extremely gratifying.” Expansion of European footprint GlobalLogic’s investment in Fortech is part of a multi-year strategy GlobalLogic’s investment in Fortech is part of a multi-year strategy designed to establish a wider European footprint, while enabling it to better serve its customers worldwide from a delivery perspective. This acquisition will further enable GlobalLogic to augment Hitachi’s strengths in Information Technology (IT), Operating Technology (OT), and Products, and accelerate its growth helping expand the Lumada business. Transaction subject to customary regulatory approval Terms of the transaction were not disclosed. Under the agreement, Fortech will continue to operate with its existing leadership and staff as a wholly owned subsidiary of GlobalLogic. The transaction is subject to customary regulatory approval and is expected to close by the end of Calendar Q4, 2022.

GlobalLogic Inc., a Hitachi Group Company and a pioneer in Digital Engineering, announces that its President and CEO Shashank Samant will be succeeded by the firm’s current Chief Operating Officer (COO) Nitesh Banga, who will become the new President and CEO effective October 1, 2022. Nitesh is a well-rounded and seasoned executive who has successfully worked across functions from Strategy, Go-To-Market, Engineering, and Operations while also launching similar businesses in the Japan market. Shashank will assume a new role as Chairman of the GlobalLogic Board, in addition to being the Executive Advisor to Mr. Toshiaki Tokunaga, the Head of Hitachi Digital Systems and Services (DSS) Sector. Several strategic acquisitions In this capacity, Shashank will continue to support the GlobalLogic business as well as advise on Hitachi Group's broader digital business growth strategy. For more than a decade as CEO, Shashank led GlobalLogic through strong growth phases For more than a decade as CEO, Shashank led GlobalLogic through strong growth phases during which he oversaw several strategic acquisitions and digital capability expansion efforts. His leadership and expertise took the company from a group of elite software engineers to a global Digital Engineering Leader, eventually becoming a part of the Hitachi Group. “I am proud of the industry-leading growth we achieved during my time as GlobalLogic’s CEO,” commented Shashank. Digital transformation acceleration “I believe that for organizations to continue to lead and succeed, their executive leadership must also evolve. Nitesh has proven throughout his career that he is a strong leader across both vision and execution. I am confident that he will set a successful course that will take GlobalLogic through its next major growth phases. I’m also very excited to continue supporting GlobalLogic in my new role as Chairman of the Board as well as to contribute to Hitachi Group’s digital business expansion and digital transformation acceleration.” Since his arrival in 2018, Nitesh has led critical functions of GlobalLogic’s business. He contributed significantly to GlobalLogic’s noteworthy growth while also adeptly navigating the company through monumental challenges including the COVID-19 pandemic and the war in Ukraine. Enterprise digital transformation Nitesh is a services industry veteran with diversified expertise ranging across Strategy Nitesh is a services industry veteran with diversified expertise ranging across Strategy, Business Development, Service Delivery, Operations, and Mergers and Acquisitions. He has adeptly run large-scale P&L organizations and has a deep understanding of Western and Eastern cultures, including Japan. Prior to joining GlobalLogic, he spent more than two decades at the IT services and consulting firm Infosys. “It’s an honor and great responsibility to lead GlobalLogic,” said Nitesh. “The passion, expertise, and deep commitment to our clients’ success demonstrated by our employees has created an invigorating, creative institution. As we enter our third decade, we have a unique opportunity to accelerate enterprise digital transformation backed by Hitachi’s incredible heritage, global reach, and trusted brand.” Making significant contributions “Since GlobalLogic joined the Hitachi Group, Shashank has made significant contributions to the growth of its entire digital business. I look forward to his continued strength in helping the Hitachi Group grow and transform through digital technology,” said Keiji Kojima, President, and CEO of Hitachi, Ltd. Shashank has made significant contributions to the growth of its entire digital business" "Nitesh has had an excellent track record as COO of GlobalLogic and I am confident that he will be able to maintain the high momentum of growth in the future. We are pleased to be working with a leader of his caliber to deliver new value through innovation, Green, and Digital solutions for our customers around the world." Supporting customers worldwide “With GlobalLogic becoming a part of the Hitachi Family, Hitachi’s digital capability has expanded tremendously,” said Mr. Tokunaga. “I would like to thank Shashank for his capable leadership and look forward to his contributions as Chairman of the Board. Going forward, under Nitesh's leadership, I expect GlobalLogic to continue creating synergies with Hitachi Digital and other Hitachi Group companies, and to dramatically expand the digital business through DX support for customers worldwide.”