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Telecommunications equipment industry

GlobalLogic Acquires Method, a San Francisco-based Design Consultancy

Strategic Insights

— 1 min read

GlobalLogic, a US-headquartered software and R&D services provider, has acquired Method, a San Francisco-based design and innovation consultancy, for an undisclosed sum. Method helps clients solve business challenges through design thinking and creates inspiring products, services, and brand experiences that engage customers. The company's key clients include Google, Nissan, Samsung, Nokia, Microsoft, and others. This acquisition will enable GlobalLogic to serve clients in major growth markets, including social media, mobile commerce, IPTV, medical devices, and Tablet computing.

Key Takeaways:

  • GlobalLogic has acquired Method, a San Francisco-based design and innovation consultancy, for an undisclosed sum.
  • Method will become a new business unit within GlobalLogic and will continue to operate under the name Method.
  • Kevin Farnham, Method's founder and CEO, will report to GlobalLogic president Shashank Samant.
  • The acquisition positions GlobalLogic to help clients bring innovation to their customers through design and innovation capabilities.
  • Method's expertise will complement GlobalLogic's core technology R&D offering.
  • The company has key clients including Google, Nissan, Samsung, Nokia, Microsoft, Time Warner Cable, Nordstrom, TED, and the BBC.
  • Additionally, Kevin Farnham will report to GlobalLogic president Shashank Samant.
  • Method has a strong experience in design and innovation capabilities, which will enable GlobalLogic to serve clients in major growth markets.
  • The company has over 5,500 employees across its offices in India, Germany, Argentina, Israel, Ukraine, and the UK.
  • Sequoia Capital, Goldman Sachs, and NEA are the key investors backing GlobalLogic.
  • Sequoia Capital has provided extensive venture capital funding for Indian start-ups across various segments.

Statistics:

  • GlobalLogic has over 5,500 employees on board across its offices in India, Germany, Argentina, Israel, Ukraine, and the UK.
  • Method was acquired by GlobalLogic for an undisclosed sum.
  • Rofous Software, a product and content engineering company, was acquired by GlobalLogic in May 2011 for an undisclosed sum. Rofous has 1,500 employees on board.
  • GlobalLogic has offices in India, Germany, Argentina, Israel, Ukraine, and the UK.
  • Method's key clients include Google, Nissan, Samsung, Nokia, Microsoft, Time Warner Cable, Nordstrom, TED, and the BBC, among others.

Sources:

  • Statement from GlobalLogic regarding the acquisition of Method.
  • "GlobalLogic Acquires Hyderabad-based Rofous Software" (Contify.com).
  • "Sequoia Capital invests in 6 new Indian Startups" (Techcircle.in).
  • "GlobalLogic Expands Footprint in India with Rofous Acquisition" (Business Standard).

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