Apax purchased the Tommy Hilfiger Corporation for $1.6 billion, or $16.80 a share, all in cash. In May 2006, this deal was approved by the shareholders of Tommy Hilfiger. In June 2006, Apax acquired HIT Entertainment in a take-private transaction. Apax acquired a majority stake in Pictage, Inc.
Who owns GlobalLogic?
Hitachi
Globallogic Worldwide Holdings, Inc.
GlobalLogic/Parent organizations
TOKYO, March 31, 2021 /PRNewswire/ — Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that it will acquire GlobalLogic Inc. (President and CEO: Shashank Samant, “GlobalLogic”), a leading U.S.-headquartered digital engineering services company.
Who is the CEO of Apax?
Andrew Sillitoe (Jan 1, 2014–)
Mitchell L. Truwit (Jan 1, 2014–)
Apax Partners/CEO
Andrew Sillitoe is co-CEO of Apax and a Partner in the Tech team. Andrew is also a member of the Executive and Investment Committees. He has been based in London since joining the firm in 1998 and has focused on the technology & telecommunications sectors in that time.
Will Harman Apax Partners?
Experienced private equity professional at Apax Partners. I lead a global Margin Expansion programme across $8bn in third party spend in our portfolio. Developing proprietary spend analytics and other data tools. Experienced private equity professional at Apax Partners.
Is GlobalLogic a good company?
Good company to start your carrier. Not much to learn but for college pass-outs but the environment is like college. Not a good place if you are looking for hike.
Is GlobalLogic a listed company?
GlobalLogic, a software product development services provider, today said it is likely to list the firm on the bourses in the next 18 months. “We may go public in the next 18 months,” Global Logic President Shashank Samant told PTI.
What is Apax digital?
About us. Apax Digital specializes in growth equity and buyout investments in high-growth enterprise software, internet, and technology-enabled services companies worldwide.
Is GlobalLogic a big company?
GlobalLogic is an American digital product engineering services company headquartered in San Jose, California. It is a independent subsidiary of Hitachi Ltd….GlobalLogic.
| Type | Subsidiary |
|---|---|
| Revenue | USD $850M+ |
| Number of employees | 25,000+ |
| Parent | Hitachi |
| Website |
Is GlobalLogic CMMI level?
“We are uniquely placed in the industry by being a full Agile software house and a certified CMMI company. GlobalLogic Wins the CMMI Capability 2018 Challenge 0 out of 5 based on 0 ratings. 0 user reviews.
How is GlobalLogic as a company?
GlobalLogic, a Hitachi Group Company, is a leader in digital product engineering. GlobalLogic helps brands create value across the entire product lifecycle — not just by developing cutting-edge technology, but also by helping make mature products more relevant to digitally-savvy consumers.
Is it good to join GlobalLogic?
Nice place to work. Good compensation. You mostly work for big product technology companies where you have good learning. Apart from salary other compensation are also good.
Did Apax Partners sell its stake in GlobalLogic?
MUMBAI | BENGALURU: Apax Partners has sold half its 96% stake in GlobalLogic, an IT outsourcing firm founded by four IITians, to Canada’s CPP Investment Board. The financial terms weren’t disclosed, but people in the know said the transaction valued the digital products development company at $1.5 billion (Rs 10,235 crore).
Is GlobalLogic a good investment in outsourced engineering?
GlobalLogic is one of the larger players in the outsourced engineering research and development industry. The company is forecast to post around $450 million in fiscal 2017 revenue, with a 20% operating margin.
Is GlobalLogic a ‘compelling opportunity’ for CPPIB?
Ryan Selwood, managing director and head of direct private equity at CPPIB, called it a “compelling opportunity” for the Canadian pension fund. “GlobalLogic’s market-leading position, exceptional track record and deep customer relationships will enable it to continue capitalising on technology megatrends,” he said.
