M&A Deal Summary

GlobalLogic Acquires Skookum

On September 10, 2019, GlobalLogic acquired information technology company Skookum

Acquisition Highlights
  • This is GlobalLogic’s 1st transaction in the Information Technology sector.
  • This is GlobalLogic’s 2nd transaction in the United States.
  • This is GlobalLogic’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2019-09-10
Target Skookum
Sector Information Technology
Buyer(s) GlobalLogic
Deal Type Add-on Acquisition
Advisor(s) PALAZZO (Financial)

Target

Skookum

Charlotte, North Carolina, United States
Skookum, Inc. is a digital strategy, design and development firm offers directly complement GlobalLogic’s existing portfolio of services, composed of complex software engineering, and strategic design capabilities used to drive cross-industry digital transformation.

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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 5 of 13
Sector: Information Technology M&A 1 of 8
Type: Add-on Acquisition M&A Deals 5 of 13
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2019 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-13 REC Global

Wroclaw, Poland

REC Global is a software engineering company providing R&D software services, custom software solutions and consultancy expertise to companies across the globe.

Buy -
FOLLOWING 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 -