GlobalLogic acquires automotive engineering firm Katzion

Digital engineering company GlobalLogic has announced its acquisition of Australia-based Katzion. With the acquisition of the automotive-based engineering firm, GlobalLogic will expand its offering in the mobility sector and support geographical expansion in regions like Australia/Asia-Pacific, Spain, and the Middle East.

Along with expanding offering in the automotive sector, the acquisition will help the Hitachi-owned company to dive into emerging segments such as micro-mobility, fleet vehicles and rental cars. In addition, with Katzion, GlobalLogic will be able to offer new service lines centered around direct-to-consumer helping automotive companies focus on customers throughout vehicle lifecycles.

“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.”
While the deal value hasn’t been disclosed, under the agreement, Katzion will continue to operate with its existing leadership and staff as a wholly owned subsidiary of GlobalLogic.

“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.”