Symphony Service has acquired CoreObjects Software. With CoreObjects' engineering delivery centres 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.
The acquisition also provides Symphony Services 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.
"CoreObjects has served as our primary product development partner for the last three years and the team's deep industry knowledge and technology expertise have combined to truly revolutionize our R&D function," said Jeetendra Jangle, Vice-President - Engineering, Wellcore. "Now, with its acquisition by Symphony Services, we are looking forward to have access to broader range of specialities and help Wellcore scale."
The deal also adds an impressive list of clients to the Symphony Services client portfolio, as well as the opportunity to expand client relationships in high growth market sectors such as financial services, life sciences and clean tech.
