M&A Deal Summary

GlobalLogic Acquires Mobiveil

On December 19, 2023, GlobalLogic acquired information technology company Mobiveil

Acquisition Highlights
  • This is GlobalLogic’s 8th transaction in the Information Technology sector.
  • This is GlobalLogic’s 3rd transaction in the United States.
  • This is GlobalLogic’s 2nd transaction in California.

M&A Deal Summary

Date 2023-12-19
Target Mobiveil
Sector Information Technology
Buyer(s) GlobalLogic
Deal Type Add-on Acquisition

Target

Mobiveil

Milpitas, California, United States
Mobiveil is an embedded engineering services firm specializes in development of Silicon Intellectual Properties, platforms, and solutions for the networking, storage and enterprise markets. Mobiveil is based in Milpitas, California.

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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 13 of 13
Sector: Information Technology M&A 8 of 8
Type: Add-on Acquisition M&A Deals 13 of 13
State: California M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2023 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 Katzion

Sydney, Australia

Katzion specializes in creating, enhancing, and integrating customer, vehicle, and mobility solutions in the Automotive industry. Katzion was founded in 2017 and is based in Sydney, Australia.

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