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M P Kumar, Chairman & CEO, Global Edge Software Ltd ( left) & Anand Mutalik, CEO of Dearborn Electronics (India) Pvt. Ltd, sealing their coming together at a media event on May 7 2013
 
 
Global Edge Software acquires auto electronics player Dearborn, but preserves its identity

Bangalore, May 8, 2013: Embedded solutions and services company, Global Edge Software,  has entered into an agreement to acquire an automotive and automation control specialist, Dearborn Electronics (India). Dearborn will continue to remain a separate entity as a wholly owned subsidiary of Global Edge Software.
Said M P Kumar - Chairman & CEO, Global Edge Software: “This 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.”
Added Anand Mutalik, CEO of Dearborn Electronics: “We are excited to join Global Edge Software. The synergy with Global Edge Software provides sector expertise, embedded domain knowledge and quality processes. While our clients will continue to grow, they will also benefit from the breadth and depth of next-generation solutions that Global Edge Software offers”.
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 & Industrial Automation segments. GlobalEdge has been a leader in delivering solutions and services particularly in wireless, platform, multimedia and embedded domains to customers world-wide. GlobalEdge’s customers list includes leading semiconductor vendors, CPE device makers, Consumer Electronics Companies, Communications OEMs
Mr  Kumar told IndiaTech Online that GlobalEdge wanted to preserve the identity of Dearnorn, post acquisition. Srinivas Prasad Managing Director, Dearborn Electronics will continue to be on the Board of Dearborn India and Anand Mutalik will continue as CEO of Dearborn India, he said, adding that Anand brings in 3 decades of experience in IT industry and had been one of the core promoters of Kshema Technologies which was acquired by Mphasis.




    


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