Symphony services grabs CoreObjects
Symphony services today announced the acquisition of Core Objects, an US based outsourced product development firm which has offices in Bangalore and Pune. With this acquisiton Symphony services plans to expand its offering in niche product development space and also in embedded technology field.
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. 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 optimise occupancy in hospitals.
CoreObjectss have clients all across US, Europe and India, CoreObjects have also helped startups and SMEs to to build 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.
-Hitesh, vcBytes.com
