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GlobalLogic Acquires REC Global Extending Software Product Development Leadership

Acquisition Expands GlobalLogic's European Presence and Strengthens Embedded Software Capabilities

SAN JOSE, California, Jan. 13, 2016 /PRNewswire/. GlobalLogic, a leading experience design and digital product development company today announced the acquisition of REC Global, a leader in the highly sought-after embedded software space, headquartered in Poland. The acquisition extends GlobalLogic's presence in Europe while enabling it to deliver even more sophisticated design and engineering solutions to customers worldwide. This move positions GlobalLogic as one of the largest software engineering service providers in the highly strategic Central and Eastern Europe (CEE) region, increasing the company's specialized engineering skill-sets as well as providing greater access to the broader European markets.

REC Global is a software engineering company providing R&D software services, custom software solutions and consultancy expertise to companies across the globe. The company specializes in designing embedded systems and tailored software solutions for customers across a range of industries including automotive, telecommunications and industrial automation. These services are increasingly in high demand due to the broad transformation that companies in all segments are making towards software-centric products. Embedded software development is a critical skill-set required for a range of products including Internet of Things (IoT), software for chipsets, Human Machine Interface (HMI) applications, automotive and many others. REC operates research and development centers in Poland, Slovakia and Croatia, and employs a team of more than 500 highly qualified engineers.

"REC's founders and management team have built an impressive platform with strong product engineering capabilities and a long and growing list of partnerships with world-class clients," said Shashank Samant, Chief Executive Officer, GlobalLogic. "REC's credibility and specialization will enable us to further differentiate our offerings and focus on emerging customer needs in the new software economy. We are truly excited to embark on this journey with the good people at REC."

"Partnering with a brand like GlobalLogic opens up a world of new opportunities for REC, giving us broader design and development capabilities in Europe while also providing access to new markets and clients worldwide," said Krzysztof Kulinski, Chief Executive Officer, REC Global. "Our goal has always been to use our capabilities to help the most innovative brands across the globe. We're eager to take the next step in the evolution of our company, now as part of the GlobalLogic family."

About GlobalLogic

GlobalLogic is a full-lifecycle product development services leader that combines deep domain expertise and cross-industry experience to connect makers with markets worldwide. Using insight gained from working on innovative products and disruptive technologies, we collaborate with customers to show them how strategic research and development can become a tool for managing their future. Headquartered in the United States, GlobalLogic operates design and engineering centers around the world, extending the benefits of its authentic global presence to customers in digital media, electronics, healthcare, infrastructure, finance, retail, and telecom industries.

GlobalLogic is a trademark of GlobalLogic. All other brands, products or service names are or may be trademarks or service marks of their respective owners.

About REC Global

REC Global is a software engineering company providing R&D software services, custom software solutions and consultancy expertise to companies across the globe. From our research and development centers in Poland, Slovakia, Croatia and with a team of more than 500 highly qualified engineers, REC Global works with discerning clients in many industries including Automotive, Maritime, Semiconductors, Internet of Things, and Machine to Machine (M2M) Communications, Industrial Automation, Telecommunications, Security and Web, Mobile & Enterprise Solutions.

CONTACT:  Shane Brentham, +1.415.901.6375, s.brentham@globallogic.com