GlobalLogic, a Hitachi Group Company and a leader in Digital Engineering, has announced the acquisition of Katzion, an Australian engineering firm that specializes in applications for the automotive industry.
The deal will help GlobalLogic expand its offerings in the mobility sector, especially in emerging segments such as micro-mobility, fleet vehicles and rental cars. It will also enable GlobalLogic to offer new service lines focused on direct-to-consumer, helping automotive companies engage with customers throughout vehicle lifecycles.
The acquisition will also enhance GlobalLogic’s geographic reach to regions such as Australia, Spain and the Middle East, and strengthen its relationships with leading automotive manufacturers. Katzion will continue to operate as a wholly owned subsidiary of GlobalLogic under the existing leadership and staff. The terms of the transaction were not disclosed.
“This is an exciting time in the automotive industry, and we are thrilled to welcome the talented Katzion team to the GlobalLogic family,” said Nitesh Banga, President and CEO, GlobalLogic.
“With their deep expertise and their wide-range of highly valuable services, the acquisition of Katzion will enhance our ability to better serve OEMs as they bring new innovations inside, outside and around the vehicle.”
“Joining with GlobalLogic is the ideal next chapter in Katzion’s growth story,” said Augustine Alexander, Co-founder and CEO at Katzion.
“GlobalLogic’s focus and ambition in the automotive sector are a great match for Katzion, and the company’s purpose-driven culture will be fantastic for our talented employees and customers alike. We are very excited about what we can achieve together.”
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