VARINDIA IT MAGAZINE

ThoughtWorks gets $720 million investment:  ThoughtWorks   announced that   GIC, Siemens AG , Fidelity Management and Research LLC, and Mubadala Investment Company have invested $720 million in the company.   The proceeds will be used to repurchase equity from existing investors. The new commitment of capital comes as the company continues to invest in growth and international expansion.   "This placement is a very positive indicator of how strong our company and brand are perceived in the market. It's wonderful that GIC, Siemens, Fidelity and Mubadala see ThoughtWorks to be a strong investment and this is an endorsement of the strength and relevance of our business and people," said  Guo Xiao, President and Chief Executive Officer, ThoughtWorks .   "Siemens strongly believes in the growth potential of supporting the digitalization of businesses across all industries. We believe that ThoughtWorks is the right partner with outstanding capabilities. I am...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Global IT consultancy ThoughtWorks has launched its Consulting Services Offering in India. Founded in 1993, ThoughtWorks has consistently improved competitive advantage, innovation and growth for market-leading companies by helping them adopt collaborative and adaptive methods in software development projects globally. Having pioneered advanced methods and tools to overcome problems that beset large-scale IT projects, ThoughtWorks' Consulting Services will help share the knowledge it has gained from hundreds of successfully completed projects, and meet both client and market demand in India. Explaining the rationale behind opening their doors to the Indian market, Preethi Madhu, Head - Consulting Practices, ThoughtWorks India, says, "Change like the kind we talk about involves organizations changing their mindsets and leadership styles, while relooking at driving value. These are reflected in the macro trends that we see in the indus...