Sequoia India-backed GlobalLogic Acquires Rofous Software
Rofous Software, a product and content engineering company, has been acquired by GlobalLogic, a software R&D services provider. The acquisition will enable GlobalLogic to expand its footprint in India and will add content engineering to its portfolio.
Headquartered in the USA, GlobalLogic is backed by Tier I investors Sequoia Capital, Goldman Sachs and NEA. It has more than 5,500 employees on board and has offices in India, Germany, Argentina, Israel, Ukraine and the UK. Sequoia Capital has provided extensive venture capital funding for Indian start-ups across various segments.
Commenting on the acquisition, Peter Harrison, CEO of GlobalLogic, said, "I am very excited about combining forces with Rofous, which will be GlobalLogic's largest acquisition to date. Rofous is attractive because of its marquee clients, highly talented workforce, complementary offerings and strong presence in Hyderabad. In particular, its content engineering expertise will broaden our R&D service offerings â€“ especially with clients in the e-commerce and information services sectors. The combine of the two companies brings our global workforce to more than 5,500 and it means we now serve half of the top 20 global technology firms."
Rofous Software provides product engineering and content engineering services to companies ranging from start-ups to Fortune 100 entities like LinkedIn and Stryker. Besides Hyderabad in India, it has offices in Milpitas (California) and Redmond (Washington) in the USA.
"We see significant potential synergies between our teams, as the corporate culture of both focuses on innovation, risk-taking and exceeding client expectations," said Brahma Naidu Vella, co-founder and CEO of Rofous Software. "We believe GlobalLogic's global vision and client-focused execution provide great opportunities for both our customers and our employees. Our ownership mentality and spirit of co-operation drive opportunities for enrichment and advancement of our globally connected teams, while helping our customers deliver high-quality products to market rapidly and cost-effectively."