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UST Global Boosts Exponential Growth with Acquisitions, Investments & Expansion of Executive Team
|By Business Wire
|July 7, 2014 04:15 AM EDT
UST Global, a leading provider of IT services and solutions for Global
1000 companies, has strengthened and deepened its talent workforce in
US, Asia, India, Europe and Latin America by making four key
acquisitions such as this year and investing aggressively in strategic
partnerships and disruptive technologies.
"2014 has been a marquee year for us thus far and we have focused our
evolution and growth around three key factors: disruptive technologies,
strategic expansion and the talent to support these initiatives," said
Saurabh Ranjan, Managing Director for global operations, UST Global.
To this end, UST Global has acquired four new companies in the past six
months. Atlanta-based global software services company Xpanxion, and
Milwaukee-based engineering solutions company Kanchi Technologies.
Together these acquisitions help UST create and innovate strategic
services and solutions for current and future clients.
In addition to those acquisitions, UST Global has made 6 investments in
technology companies such as Moonraft, a design firm that seeks to
differentiate the customer experience by blending design, art and
technology; Kuboo, a child-friendly social network and gaming platform
and 1-Page, a solution changing the way companies hire and filter
resumes. Along with these, UST Global entered a strategic partnership
with early-stage venture capital firm, Blumberg Capital. With this
investment, UST Global will provide tech expertise and investments to
Blumberg Capital portfolio companies. With these investments, UST Global
strives to widen their global footprint, and broaden their range of
services for clients.
In services, UST Global has made significant investments in digital, big
data and advanced analytics technologies. Its investment in
California-based data analytics firm Abzooba provides access to top
talent in the analytics world. Along these lines, UST Global invested in
Third Eye Systems, a big data company that provides actionable insights
to companies through 'Expert Systems' and solutions tailored towards
specific organizational problems.
In addition to these investments and acquisitions, UST Global opened its
first delivery center in Shanghai, China and plans to rapidly house over
“The Shanghai center is a strategic investment in providing
client-centric focus to our customers based in China. It will also help
us expand our reach into other local market opportunities as demand for
information technology services heighten. We are working with a number
of customers having presence in the region, and particularly see upsurge
in industries such as retail, high-tech and manufacturing,” said Sajan
Pillai, Chief Executive Officer, UST Global.
Nikki Arora, Corporate Marketing Officer and Director Global Talent
Acquisition, UST Global, said that clients relied on the firm having the
“right people with the right skills, the right knowledge and the right
experience” across key geographies. “Our talent strategy directly
contributes to creating value as we focus on growth around disruptive
technologies, new acquisitions and strategic expansion.”
Together these acquisitions and investments brought UST Global over 25
new clients and 600+ employees across 7 global locations. To sustain its
rapid growth, UST Global has added an impressive roster of 200+ new
individuals both in management and technology leadership.
About UST Global
UST Global is a leading provider of end-to-end IT Services and Solutions
for Global 1000 companies. Headquartered in Aliso Viejo, California, UST
Global has operations in USA, India, Mexico, Spain, UK, Malaysia,
Philippines, and Singapore. UST Global is a technology leader with
profound domain expertise across the following industries: Healthcare &
Insurance, Retail, Financial Services, Transportation & Logistics,
Manufacturing & Automotive, Telecommunication and Media & Entertainment.
By focusing on the business model of ‘fewer CLIENTS, more ATTENTION’,
UST Global strives for excellence in providing their clients with the
best service and commitment to long-term client success. With 14,000
employees, UST Global's growth and clientele have been impressive.
Please visit www.ust-global.com
for more information.
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