Hitachi Group – GlobalLogic acquires Fortech, a leading digital engineering company based in Romania

New Delhi – GlobalLogic Corporationa Hitachi group The company and digital engineering leader announced that it has signed a definitive agreement to acquire Fortech, a leading software engineering services company headquartered in Romania.

Headquartered in Cluj-Napoca, Fortech has applied its deep technical capabilities to hundreds of clients and more than 1,000 digital projects over its nearly two decades of operation – a track record that ultimately made the company one of the Romania The largest leading independent digital engineering firm.

With more than 1,100 people, Fortech operates in four cities in the Romania To support first class clients across a wide range of industries. These achievements and capabilities will help GlobalLogic expand its client base and talent, as it aims to meet the strong global demand for digital transformation (DX). In addition, seasoned Fortech leaders will bring technical expertise and domain expertise along with strong relationships across European markets and high-profile clients.

“Fortech is a leading company with a proven track record specializing in technology for the digital evolution” stated Nitish Banga, President and CEO, GlobalLogic. This acquisition will strengthen GlobalLogic’s presence in Europeand accelerate our access to rich technical talents Romania; Fortech will supply resources and strong support from GlobalLogic and Hitachi. We are excited to welcome Fortech and its talented individuals to the GlobalLogic family.

Founded in 2003, Fortech provides full spectrum digital engineering services including architectural design, software development, DevOps, quality assurance, and data analytics. The company has successfully designed, built, and maintained products for clients across multiple industries with a focused specialization in Cloud, IOT, and SaaS. Fortech has deep industry expertise in six key high-growth sectors: Automotive, Banking/Financial Services, Healthcare, Manufacturing, Professional Services, and Technology/Media/Telecom. Fortech’s coverage of key industries and technologies is a great match for GlobalLogic. Fortech’s successes have led to it being recognized as one of the Best Managed Companies of 2022 in Romania In the first edition of Deloitte’s Romania a program.

“We are proud of our legacy of helping companies realize the power of transformative digital solutions,” he said. Caline is a widow, CEO of Fortech Corporation. “Joining forces with GlobalLogic, supported by Hitachi, takes us to a whole new level. In addition, finding a partner who shares our cultural values ​​with a strong focus on people, customers, and societal benefit is very exciting.

GlobalLogic’s investment in Fortech is part of a multi-year strategy designed to create a broader European footprint while enabling it to better serve its customers around the world from a delivery perspective. This acquisition will enable GlobalLogic to leverage Hitachi’s strengths in Information Technology (IT), Operational Technology (OT), and products, and accelerate its growth helping to expand Lumada’s business.

Terms of the deal were not disclosed. Under the agreement, Fortech will continue to operate with its current leadership and staff as a wholly owned subsidiary of GlobalLogic. The transaction is subject to customary regulatory approval and is expected to close by calendar end Q4, 2022.

About Vortec

Fortech is a software services company based in Cluj-Napoca, Romania. It also has engineering centers in Oradea, Iasi and Brasov. With a workforce of over 1,100 people, Fortech’s technical expertise spans a variety of sectors, from automotive and finance to healthcare and more. Fortech covers end-to-end software lifecycle development to deliver the innovation, scalability, quality and speed its customers need.

The company’s approach to software engineering combines robust technology and practical knowledge, agile delivery methods, and a blend of code quality practices and metrics refined over two decades of operation. Since 2003, more than two hundred brands have chosen Fortech as their software engineering partner.

About GlobalLogic

GlobalLogic is a leading digital engineering company. We help brands around the world design and build innovative digital products, platforms and experiences for the modern world. By integrating experience design, complex engineering and data expertise – we help our clients imagine what’s possible and accelerate their transition into the digital business of the future. Headquartered in Silicon ValleyGlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to clients in the automotive, telecommunications, financial services, healthcare and life sciences, manufacturing, media and entertainment, semiconductor, and technology industries. GlobalLogic is a file Hitachi Group Corporation operate under Hitachi Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through data and technology such as Social Innovation Business.