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ThoughtWorks receives $720 mn in investment at enterprise value of $4.6 bn

ThoughtWorks receives $720 mn in investment at enterprise value of $4.6 bn
January 15, 2021
Proceeds to be used to buy back equity shares from existing investors
ThoughtWorks, a global software consultancy, has announced that GIC, Siemens AG, Fidelity Management and Research LLC, and Mubadala Investment Company have invested $720 million in the company.
Founded over 25 years ago, ThoughtWorks has grown from a small team in Chicago to a leading global software consultancy of more than 7,000 plus ThoughtWorkers. Its roots are in digital transformation and agile software development; the company has been at the forefront of defining the tech principles used by some of the world’s most successful organisations. ....

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ThoughtWorks raises $720mn from investors

Proceeds to be used for repurchasing equity fom existing investors ....

Andhra Pradesh , United States , Tamil Nadu , Guo Xiao , Mubadala Investment Company , Fidelity Management , Mubadala Investment , Apax Partners , ஆந்திரா பிரதேஷ் , ஒன்றுபட்டது மாநிலங்களில் , தமிழ் நாடு , கூவோ கிஷியஓ , நம்பகத்தன்மை மேலாண்மை , அப்பாஸ் கூட்டாளர்கள் ,

Gemini Solutions Inc is now ThoughtWorks

We are delighted to announce that we have acquired
Gemini Solutions Inc, a privately-held software development and consulting services firm. The close of the acquisition will see the establishment of ThoughtWorks Romania with the Gemini Solutions team at its core.
This acquisition will strengthen our European presence. The Gemini Solutions team will provide nearshore support for ThoughtWorksâ clients in the UK and Germany as well as continued support for
existing clients in North America, France and Germany.
ThoughtWorks and Gemini Solutions have a shared culture, philosophy and dedication to client success. The cultural fit was particularly important and one of the key reasons we opted to come together. ....

Guo Xiao , Theo Nissim , Florin Parlea , Gemini Solutions , Gemini Solutions Inc , Gemini Solution , Chief Executive Officer , கூவோ கிஷியஓ , ஜெமிநை தீர்வுகள் , ஜெமிநை தீர்வுகள் இன்க் , ஜெமிநை தீர்வு , தலைமை நிர்வாகி அதிகாரி ,

ThoughtWorks Receives $720 Million Investment at an Enterprise Value of $4.6 Billion

January 14, 2021 - Chicago
GIC, Siemens AG, Fidelity Management and Research LLC, and Mubadala Investment Company have invested $720 million in ThoughtWorks
ThoughtWorks, a global software consultancy today announced that GIC, Siemens AG, Fidelity Management and Research LLC, and Mubadala Investment Company have invested $720 million in the company.
Founded over 25 years ago, ThoughtWorks has grown from a small team in Chicago to a leading global software consultancy of more than 7,000+ ThoughtWorkers. Its roots are in digital transformation and agile software development and the company has been at the forefront of defining the tech principles used by some of the world’s most successful organizations. ....

New York , United States , Rio De Janeiro , Estado Do Rio , United Arab Emirates , City Of , United Kingdom , San Francisco , Abu Dhabi , Tim Breen , Guo Xiao , Siemens Healthineers , Rohan Haldea , Siemens Advanta , Cedrik Neike , Jp Morgan Securities , Kirkland Ellis , Mubadala Investment Company , Siemens Group , Digital Industries , Siemens Energy , Technology At Mubadala , Goldman Sachs Co , Apax Partners , Fidelity Management , Apax Funds ,

ThoughtWorks raises $720 million from Siemens, GIC, other investors

Software consultancy company ThoughtWorks said on Thursday it raised $720 million from investors including GIC and Siemens AG at an enterprise value of $4.6 billion. ....

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