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M&A Deal Summary

GlobalLogic Acquires Meelogic Consulting AG

On April 7, 2020, GlobalLogic acquired information technology company Meelogic Consulting AG

Acquisition Highlights
  • This is GlobalLogic’s 2nd transaction in the Information Technology sector.
  • This is GlobalLogic’s 1st transaction in Germany.

M&A Deal Summary
Date 2020-04-07
Target Meelogic Consulting AG
Sector Information Technology
Buyer(s) GlobalLogic
Deal Type Add-on Acquisition

Target

Meelogic Consulting AG

Berlin, Germany
Meelogic Consulting AG develops IT solutions for a mobile and interconnected world based on an in-depth understanding of technologies and markets in the digital age. The company was founded in 2011 in Berlin with additional locations in Szczecin (Poland), Cologne, Stuttgart, and Bydgoszcz (Poland). Meelogic is now working with international teams for well-known customers in their respective industries comprising automotive, medical technology, media, transport, energy, telecommunications, information technology, logistics, and e-commerce.

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Buyer(S) 1

Buyer

GlobalLogic

McLean, Virginia, United States
Category Company
Founded 2000
Sector Information Technology
Employees11,000
DESCRIPTION

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. We expertly integrate design, complex engineering, and agile delivery capabilities to deliver superior business outcomes for global brands. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending the benefits of our true global presence to customers in telecom, automotive, healthcare, technology, media and entertainment, manufacturing, and semiconductor industries. GlobalLogic was founded in 2000 and is based in McLean, Virginia.

DEAL STATS #
Overall 7 of 13
Sector: Information Technology M&A 2 of 8
Type: Add-on Acquisition M&A Deals 7 of 13
Country: Germany M&A 1 of 1
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-24 Assign Group AB

Göteborg, Sweden

Assign Group is a consultancy that provides a wide range of human-centered design capabilities and highly skilled electronics and software engineering to customers for in-house or on-site product development. Assign Group AB specializes in a seamless connection between user experience and engineering as a single, integrated offering. Assign has successfully designed and built innovative in-vehicle electronics, human-machine interfaces, infotainment systems, active safety systems, and much more for customers operating around the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-23 ECS Group

Edinburgh, United Kingdom

ECS Group is an IT services provider focused on delivering a full range of services, from cyber-security to DevOps for enterprise clients. ECS Group was formed in 2008 and is based in Edinburgh, United Kingdom.

Buy -
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