Bangalore-based, Symphony Services Corp, a global software product engineering services company, today announced that it has acquired CoreObjects Software Inc, a Los Angeles-based new product development services provider, that specialises in bringing commercially deployable products to market.
"With CoreObjects’ engineering delivery centers in Bangalore and Pune, India and its team of highly skilled full-time product engineers and deep vertical market expertise, Symphony Services will expand its offerings in the product development and embedded product development space", stated a release from the Indian company.
The acquisition also provides Symphony with access to additional re-usable components and frameworks for product development, including CoreObjects’ Smart Objects suite of software assets designed to speed clients’ products to market and create long-term, high-margin recurring revenue.
The Smart Objects suite includes Smart Machines, a web-based solution for real-time asset performance management, enabling continuous monitoring and management of industrial equipment, and smart vitals, an early response system to improve patient safety and optimize occupancy in hospitals.
With 55 active client contracts in the US, Europe and India, CoreObjects serves clients who are building new products or revamping existing ones. The company’s vertical market expertise includes automotive, industrial automation, semiconductor manufacturing, media and entertainment, health and wellness, financial services, mobile applications, life sciences, and medical devices, networking and clean tech and energy.