GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced that it has completed the acquisition of Fortech, a digital engineering firm based in Cluj-Napoca, pursuant to the term of the definitive agreement signed in November, 2022. Headquartered in Silicon Valley (San Jose, California), GlobalLogic has acquired 100% of the shares of Fortech, making it a wholly owned subsidiary of GlobalLogic.
As a stand-alone company with 1150+ members, operations in 4 locations in Romania, and access to a national hub of engineering talent, Fortech has positioned itself as a reliable tech partner for Small Medium Sized (SMEs) and blue-chip companies in Europe and the US for the last two decades. Under the leadership of its CEO & co-founder, Călin Văduva, Fortech has entered the league of Romania’s largest and most sought-after technology companies.
The acquisition opens new perspectives for Fortech’s team and clients while further expanding GlobalLogic’s already successful presence in Europe, with promising scale and depth. Fortech’s end-to-end software services and highly tenured engineers are now enriching GlobalLogic’s technical competence map. In addition, Fortech also complements GlobalLogic’s industry-focused solutions, including the company’s framework supporting the automotive, healthcare, industrial manufacturing, media & communications, and financial software sectors.
As a result, GlobalLogic is powerfully equipped to accommodate the evolving needs of its clients, who seek to differentiate through technology and accelerate the shift to a digital-first world. Over 550 global brands and digital disruptors rely on GlobalLogic design and engineering expertise today. Consistent with GlobalLogic’s vision, Fortech’s current clients are presented with the advantage of access to the broader GlobalLogic’s portfolio.
“We have always been energized by the hope that the technology we create can improve life as we live it. We’re thrilled to have found in GlobalLogic a partner and a culture that shares this aspiration and has built a powerful engine to turn it into reality.” Said Călin Văduva, CEO of Fortech. “By joining GlobalLogic and the broader Hitachi Group ecosystem, we now have the chance to learn and contribute at a different scale. I’m confident that together we can open new perspectives for our clients and teams alike and the community at large.”
“With the acquisition now complete, we are eager to get started in jointly engaging our clients in new conversations and expanding the engineering footprint and the digital engineering economy in Romania.” Said Igor Byeda, Group Vice President and Head of Europe, GlobalLogic. “We are very excited for the road ahead and look forward to our collaboration with Fortech to build the future for GlobalLogic Romania.”
As technological sophistication continues to impact entire industries more than any other force, business leaders are challenged to fundamentally transform their operations, products, and experiences and how they engage with the environment. Faced with the pressure to navigate the chapters of digital reinvention, organizations seek tech partners they can turn to and trust. Tech providers need to act as change agents, helping clients place technology directly at the heart of their products and orchestrating the harmonization of their complex tech ecosystems. Fortech and GlobalLogic together are suited to help organizations realize the total value of the digital product engineering concept, no matter how far along a company is in its digital journey. The offering integrates experience design and comprehensive engineering offering with vertical industry expertise. By forging the teams together in a shared co-creation process, the combined organization is uniquely positioned to address the changing needs across the market.