The amount of the deal was not disclosed. Under the agreement, ECS will continue to operate with its existing leadership and staff as a wholly owned subsidiary of GlobalLogic.
With the acquisition of ECS, GlobalLogic advances its European strategy, expands its financial services footprint and adds a host of complementary cloud-centric offerings to its portfolio.
Founded in 2008 and led by Mark Farrington, Chief Executive Officer, ECS delivers digital solutions that leverages cloud technologies, with a focus on Digital Engineering, Data Analytics and Customer Experience. The company serves multiple industries, with particular expertise in the banking and financial services sector. Notably, ECS possesses rich Amazon Web Services (AWS) capabilities, for which ECS is an Advanced Consulting Partner and Amazon Connect Service Delivery Partner. Additionally, the company holds the DevOps Competency Accreditation from AWS. It currently has more than 650 employees worldwide.
Led by Shashank Samant, President and CEO, GlobalLogic is a leader in digital product engineering helping clients design and build innovative products, platforms, and digital experiences for the modern world. By integrating strategic design, complex engineering, and vertical industry expertise, the company operates design studios and engineering centers around the world, extending expertise to customers in the communications, financial services, automotive, healthcare, technology, media and entertainment, manufacturing, and semiconductor industries.