 "Global Edge Software acquires Dearborn Electronics")
Don't want to miss the best from Business Standard?
The deal size of the acquisition was not disclosed. The acquisition will strengthen Global Edge's automotive electronics and industrial automation embedded systems, it said in a release.
Dearborn will continue to remain a separate entity as a wholly-owned subsidiary of Global Edge Software, the release added. GlobalEdge’s customers list includes leading semiconductor vendors, CPE device makers, Consumer Electronics Companies, Communications OEMs.
Also Read
“The acquisition supports GlobalEdge’s current strategy to enter vertical sectors and expand its portfolio in global and domestic markets. With this acquisition, GlobalEdge will be well placed to tap into newer segments like automotive electronics and industrial automation providing enhanced value to customers.” said M P Kumar, Chairman & CEO, Global Edge Software.
Dearborn Electronics India caters to large OEMs and Tier I suppliers providing embedded software solutions and services focusing on diagnostics, ECU software systems and control systems for the automotive and industrial automation segments.
Srinivas Prasad, Managing Director, Dearborn Electronics (India) Pvt Ltd, will continue to be on the Board of Dearborn India and Anand Mutalik will continue as CEO of Dearborn India post acquisition.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%