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- GlobalLogic
GlobalLogic Acquisition & Valuation
GlobalLogic was acquired by Hitachi for $9.6B in March 2021, a 12.4x multiple on $771M of revenue.
GlobalLogic revenue at acquisition
$771M
Last twelve months · Mar 2021
GlobalLogic revenue multiple at acquisition
12.4x
EV/Revenue · Mar 2021
GlobalLogic EBITDA multiple at acquisition
53.5x
EV/EBITDA · Mar 2021
About GlobalLogic
GlobalLogic is a San Jose-headquartered product engineering services firm specializing in chip-to-cloud software development. It delivers digital products for telecommunications giants like Verizon, automotive suppliers such as Bosch, healthcare providers including Philips, and media companies like Disney. Founded in 2000, the company maintains design studios and engineering centers in Ukraine, India, Latin America, and Eastern Europe. Hitachi acquired GlobalLogic in 2021, enhancing its AI and IoT capabilities.
Founded
2000
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Services, Subscription
Revenue
$450M (Jan 2017)
Valuation
$1.5B (Jan 2017)
GlobalLogic Acquisition
GlobalLogic was acquired by Hitachi for $9.6B on 31 March 2021.
The acquisition price implies a 12.4x revenue and 53.5x EBITDA multiple on $771M of revenue.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 31 Mar 2021 | Strategic M&A | $9.6B | 12.4x | 53.5x |
GlobalLogic Valuation
GlobalLogic is currently valued at $1.5B, based on its secondary sale in January 2017.
The $720M round was led by CPP Investments.
GlobalLogic valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2017 | Secondary | $1.5B | 3.3x |
GlobalLogic Revenue
GlobalLogic's latest recorded revenue is $450M, as of its secondary sale in January 2017. At a $1.5B valuation, that implies a 3.3x revenue multiple.
GlobalLogic revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jan 2017 | $450M | $1.5B | 3.3x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
GlobalLogic Funding History
GlobalLogic has 1 recorded secondary share sale and no primary funding rounds.
GlobalLogic funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2017 | Secondary | CPP Investments (lead) | $720M | $1.5B | GlobalLogic is a digital product development services company based in San Jose, California, helping clients build innovative digital products to enhance customer engagement, user experience, and service capabilities. It operates delivery centers in India, the US, Eastern Europe, and Argentina, with more than 11,000 employees at the time. In November 2017, CPP Investments acquired an approximate 48% stake in GlobalLogic from funds advised by Apax Partners, valuing the company at $1.5 billion. The transaction followed Apax's 2013 acquisition of GlobalLogic for $420 million, delivering over three times return in four years. GlobalLogic achieved a 20%+ compound annual growth rate in the three years prior to the deal, outperforming the broader product engineering services market. It was forecast to post $450 million in fiscal 2017 revenue with a 20% operating margin. |
Who has invested in GlobalLogic?
1 investor has backed GlobalLogic across its funding rounds, including CPP Investments.
Lead investors include CPP Investments.
GlobalLogic Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by GlobalLogic
GlobalLogic has acquired 11 companies to date.
Last acquisition by GlobalLogic was on September 23rd 2025. GlobalLogic acquired Synvert for undisclosed valuation.
Latest Acquisitions by GlobalLogic
| Description | Synvert is an IT services firm delivering database management, data analytics, cloud migration, AI implementation, mobile app development, and process automation. The company supports enterprises with digital transformation projects from India-based operations. Synvert handles custom software solutions featured at synvert.com. | Milpitas-based Mobiveil is a semiconductor IP provider for high-speed interconnects in storage and networking. It supplies Serial Attached SCSI, Ethernet, and PCIe Gen5 cores, alongside custom hardware boards, to customers like Western Digital and NetApp. Established in 2004, the company operates development centers in Chennai and Bangalore, India, supporting 100G+ data rates in enterprise SSDs and AI servers. | Katzion is a Tel Aviv-based consultancy firm implementing CRM systems, marketing automation, and custom software applications. The team deploys Salesforce, HubSpot, and Marketo platforms for lead management and customer journeys tailored to tech startups and e-commerce brands in Israel and Europe. Services include data migration, workflow automation, and API integrations for scalable growth. | Sidero is a software engineering firm delivering custom development, cloud migrations, and DevOps for enterprise scalability. Services cover microservices architecture, Kubernetes orchestration, AWS/Azure deployments, and CI/CD automation using tools like Docker and Terraform. Clients in finance and e-commerce rely on its agile teams for infrastructure modernization. Headquartered in Cork, Ireland, Sidero maintains remote delivery centers across Europe to ensure high-availability systems. | |
| HQ Country | |||||
| HQ City | Hanover | San Jose, CA | Kochi | Athlone | |
| Deal Date | 23 Sep 2025 | 19 Dec 2023 | 12 Dec 2023 | 10 Jul 2023 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all GlobalLogic acquisitions and their M&A valuation multiples. Start Free Trial | |||||
GlobalLogic Competitors
GlobalLogic competitors include listed companies like Nemetschek, Applied Digital, Computacenter and Figma, and private ones like 3D VIRTUAL TECHNOLOGIES, LLC and Webflow.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $215M | - | ||
| Publicly listed | $1.4B | $429M | $7.9B | 5.3x | ||
| Publicly listed | $611M | ($85M) | $7.5B | 20.1x | ||
| Publicly listed | $12B | $440M | $7.4B | 0.4x | ||
| Publicly listed | $1.1B | ($1.3B) | $12B | 8.0x | ||
| Private | $100M | - | $4B | 40.0x |
GlobalLogic Public Comps
GlobalLogic is no longer listed, but its public comps include Bentley Systems, CSG Digital Power Grid Research Institute, Persistent Systems, Otsuka, Coforge, Nemetschek, Applied Digital, Computacenter, Hyundai Autoever and Samsung SDS.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.5B | $429M | 7.1x | 6.5x | 24.7x | 18.0x | |||
| $1.1B | $169M | 8.9x | 8.2x | 56.4x | - | |||
| $1.5B | $296M | 5.7x | 5.1x | 29.6x | 27.0x | |||
| $8.5B | $640M | 0.9x | 0.8x | 11.4x | 11.1x | |||
| $1.7B | $283M | 4.8x | 3.9x | 29.1x | 19.9x | |||
| $1.4B | $429M | 5.9x | 5.3x | 19.0x | 16.8x | |||
| $611M | ($85M) | 21.3x | 20.1x | (154.0x) | 78.1x | |||
| $12B | $440M | 0.6x | 0.4x | 16.5x | 12.0x | |||
This data is available for Pro users. Sign up to see all GlobalLogic competitors and their valuation data. Start Free Trial | ||||||||
Common questions about GlobalLogic
| When was GlobalLogic founded? | GlobalLogic was founded in 2000. |
| Where is GlobalLogic headquartered? | GlobalLogic is headquartered in San Jose, CA, United States. |
| Is GlobalLogic publicly listed? | No, GlobalLogic was acquired by Hitachi in March 2021. |
| Who acquired GlobalLogic? | GlobalLogic was acquired by Hitachi in March 2021. |
| How much was GlobalLogic acquired for? | GlobalLogic was acquired for $9.6B in March 2021, a 12.4x revenue multiple. |
| What is GlobalLogic's valuation? | GlobalLogic was last valued at $1.5B in its secondary sale in January 2017. |
| Who are GlobalLogic's investors? | GlobalLogic's investors include CPP Investments. |
| What is GlobalLogic's revenue? | GlobalLogic's latest recorded revenue is $450M (January 2017). |
| What is GlobalLogic's revenue multiple? | GlobalLogic's latest valuation implies a 3.3x revenue multiple ($1.5B valuation on $450M of revenue). |
| Which companies are comparable to GlobalLogic? | Companies comparable to GlobalLogic include 3D VIRTUAL TECHNOLOGIES, LLC, Nemetschek, Applied Digital, Computacenter, Figma and Webflow. |
| How many companies has GlobalLogic acquired? | GlobalLogic has acquired 11 companies, including Synvert, Mobiveil, Katzion, Sidero and Hexacta. |
| What was the largest acquisition by GlobalLogic? | The $248M acquisition of Fortech in November 2022 is the largest acquisition GlobalLogic has made to date. |
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