GlobalLogic is a digital product engineering services company headquartered in San Jose, California, United States. It is a privately held company funded by Partners Group and CPP Investment Board. GlobalLogic provides software product design and development services.
Company overview
Early history
GlobalLogic got its start in 2000 as Induslogic, a provider of outsourced software and product development services. 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 Pine Labs in 2001 and then divided this subsidiary in 2006 before selling it to Sequoia Capital.
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 Sequoia Capital and New Enterprise Associates in 2006 and acquired Lambent Technologies, an offshore software R&D services firm based in Nagpur, India.
2008-2013
In 2008, GlobalLogic opened offices in London, 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.
In 2012, CEO Peter Harrison became vice chairman and its president, Shashank Samant, was appointed CEO.
2014-2021
In 2014, GlobalLogic hired Zaheer Allam as chief delivery officer and opened new delivery centers in Nagpur, India and Kosice, Slovakia. In 2015, the company opened a delivery center in Kraków, 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.
2022–2023
In 2023, GlobalLogic deservedly entered the top 200 companies in terms of revenue in 2022, demonstrating its successful performance and significant contribution to the world economy.