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UST (company)

From Wikipedia, the free encyclopedia
(Redirected from UST Global)

UST
FormerlyUST Global (2007-2021)[1]
US Technology Resources (1998-2007)[2]
TypePrivate
Industry
  • Professional services
  • Information technology
  • Digital engineering
  • Product development
Founded1998; 28 years ago (1998)
FounderStephen Ross
Headquarters
Orange County, California
,
United States & Thiruvananthapuram India
Number of locations
30 countries[3]
Area served
Worldwide
Key people
Services
  • Digital transformation
  • Technology and digital consulting
  • NextGen cloud infrastructure (private, public, hybrid cloud)
  • Human-centered design
  • Cybersecurity
RevenueUSD $1.7B+ (2022)
Number of employees
30,000+[7]
Subsidiaries
  • CyberProof
  • UST HealthProof
  • UST Product Engineering
  • Cogniphi Technologies
  • Xpanxion
Websiteust.com

UST[8] (formerly known as UST Global & US Technology Resources), is an American provider of digital technology and transformation, information technology and services, headquartered in Aliso Viejo, California, United States.[9] It has offices in the Americas, EMEA, APAC, and India.[10][11][12]

History

[edit]

UST was founded by Stephen J. Ross in 1998 in Laguna Hills.[13] G.A. Menon joined in 1999 as Non-Executive Chairman.

In January 2004, UST acquired eBuilt Inc.[14]

In March 2012, Andare, a mobile applications company, was acquired by UST.[15]

In January 2014, UST acquired Testhouse Consultores S.A., the Spanish arm of UK-based Testhouse Limited.[16][17] In May 2014, UST acquired Kanchi Technologies, a Milwaukee-based engineering company, and Xpanxion, a technology firm.[18][19] Xpanxion provides cloud-based business application development, mobile application development, software testing services, and technology and business consulting.[20] In July 2014, UST invested in xTV, an online TV platform, and acquired Renaissance Solutions, a Singapore-based recruitment specialist.[21][22]

In April 2015, UST acquired FogPanel to boost cloud infrastructure management.[23]

In September 2017, UST invested in MyDoc, a Singapore-based digital healthcare firm, to drive population-wide digital health programs, including disease management and health data tracking.[24]

In January 2018, Cyberproof, a cybersecurity company of UST, acquired Bisec, an Israeli startup that created a platform to help security teams collaborate.[25] The following month, UST acquired American technology startup and Gartner Cool Vendor, Pneuron in an effort to improve its data analytics services.[26][27] In June 2018, Temasek, Singapore’s sovereign wealth fund, invested US$250 million in UST, giving UST a US$1 billion-plus valuation.[28][29] In September 2018, UST acquired SeviTech Systems, a chip design services firm based in Bengaluru.[30]

In October 2019, UST acquired SCM Accelerators to help grow its SAP business.[31] In November 2019, UST acquired Contineo Health, a healthcare technology consulting firm that specializes in electronic health records (EHR), ComplyUSA, a compliance assessment and privacy automation platform, and AI startup, Cogniphi Technologies.[32][33]

In June 2020, UST invested €1.3 million in Ksubaka, a UK-based startup. The portfolio includes gamified tools to engage and keep customers safe post-covid.[34][35] The following month, UST invested in Smart Software Testing Solutions, a software testing and product company, that utilizes SaaS platforms pCloudy and OpKey.[36] In August 2020, UST invested in Tastry, an AI company that studies how human senses interpret product chemistry.[37]

In July 2022, UST invested in Well-Beat, an Israeli company focused on patient-centred behavioural artificial intelligence (AI).[38] In October 2022, UST HealthProof, a UST company, acquired Advantasure.[39]

Campuses

[edit]

UST is based in Orange County, California, and has offices in more than 25 countries. It is based in the following regions: the Americas, EMEA, APAC, and India.[11][12]

UST has started its expansion plans in India in the capital city of Kerala, Thiruvananthapuram, with the construction of its own campus, near Technopark.[40] The campus is spread over 36 acres (150,000 m2). The campus will also feature a 12-acre (49,000 m2) waterbody channeling through the various blocks of the campus.

Subsidiaries

[edit]

CyberProof

[edit]

CyberProof is a fully owned subsidiary of UST and founded in 2017 in Tel Aviv, Israel.[41]

In January 2018, UST acquired BISEC, a cybersecurity company, for 5.8 million Dollars and integrated the technology into CyberProof.[42]

References

[edit]
  1. ↑ Correspondent, H. T. (8 October 2007). "Technopark firm renamed UST Global". Hindustan Times.
  2. ↑ "PrivCo - Uncover Private Company Opportunities Before Your Competitors Do". PrivCo.
  3. ↑ "Locations | UST". UST Digital Transformation Solutions Company. Retrieved 16 March 2022.
  4. ↑ "Executive Chairman of UST". UST.
  5. ↑ "CEO of UST". UST.
  6. ↑ "President of UST". UST.[dead link]
  7. ↑ "Who We Are | Digital is our DNA - UST". Digital Transformation Solutions Company | UST. Retrieved 12 July 2022.
  8. ↑ "IT consultancy UST Global rebrands". www.consulting.us. 22 January 2021.
  9. ↑ "Kerala's IT firm CEO gets international acclaim". Business Standard. 11 July 2013.
  10. ↑ "About UST-Global : Contact Us". UST-Global. Archived from the original on 29 July 2013. Retrieved 27 July 2013.
  11. 1 2 Williams, Shannon. "UST Global expands presence with new Singapore office". cfotech.co.nz. Retrieved 28 January 2021.
  12. 1 2 "UST Global Is Opening a Chicago Office with Plans to Hire Hundreds". Built In Chicago. Retrieved 28 January 2021.
  13. ↑ "Breach of contract, capital contributions, final buy-out". Los Angeles Daily Journal. 22 February 2008.
  14. ↑ "US Technology to buy eBuilt". The Hindu Business Line. 11 February 2005.
  15. ↑ Scaria, Joe A. "UST Global acquires Andare". The Economic Times. Retrieved 6 January 2021.
  16. ↑ "UST Global Buys Testhouse Consultores S.A." www.socaltech.com. Retrieved 6 January 2021.
  17. ↑ "UST Global Acquires Testhouse Consultores S.A. to Serve Spanish Clients". Retrieved 6 January 2021.
  18. ↑ "UST Global acquires Milwaukee-based Kanchi Technologies | Bengaluru News - Times of India". The Times of India. 21 May 2014.
  19. ↑ "私のヨガ体験、変わったこと変わらなかったこと – ヨガってやっぱり気持ちいい！". Archived from the original on 8 May 2024. Retrieved 3 December 2019.
  20. ↑ Ammachchi, Narayan (29 May 2014). "UST Global Acquires US Technology Firm Xpanxion". Nearshore Americas. Retrieved 11 January 2021.
  21. ↑ "UST Global invests $2M in xTV to expand .TV networks". VentureBeat. 17 July 2014. Retrieved 8 January 2021.
  22. ↑ "UST Global acquires Renaissance Solutions". Business Standard India. 1 July 2014. Retrieved 8 January 2021.
  23. ↑ infotech (30 April 2015). "UST Global to open delivery center in Coimbatore". InfotechLead. Retrieved 11 January 2021.
  24. ↑ "IT services firm UST Global invests in digital healthcare platform MyDoc". VCCircle. 13 September 2017. Retrieved 14 January 2021.
  25. ↑ "Israeli Startup Bisec Acquired By CyberProof, a UST Global Company". NoCamels. 11 January 2018. Retrieved 14 January 2021.
  26. ↑ Ammachchi, Narayan (27 February 2018). "UST Global Gobbles up American Tech Startup Pneuron". Nearshore Americas. Retrieved 15 January 2021.
  27. ↑ "Best Data Integration Vendors, News & Reviews for Big Data, Applications, ETL and Hadoop". Best Data Integration Vendors, News & Reviews for Big Data, Applications, ETL and Hadoop. Retrieved 15 January 2021.
  28. ↑ "IT and tech firm UST Global raises $250M from Temasek at a valuation of over $1B". TechCrunch. 27 June 2018. Retrieved 28 January 2021.
  29. ↑ "Temasek invests $340m in UST Global". The Straits Times. 28 June 2018. Retrieved 4 January 2021.
  30. ↑ "Temasek-backed UST Global acquires chip design firm SeviTech Systems". VCCircle. 26 September 2018. Retrieved 15 January 2021.
  31. ↑ "UST Global acquires SCM Accelerators to fuel SAP business". Voice&Data. 30 October 2019. Retrieved 23 December 2020.
  32. ↑ "UST Global acquires EHR consultant Contineo Health: 3 notes". www.beckershospitalreview.com. 13 November 2019. Retrieved 27 November 2019.
  33. ↑ "UST Global invests in artificial intelligence start-up Cogniphi". The Financial Express. 23 November 2019. Retrieved 23 December 2020.
  34. ↑ Tucker, Charlotte (26 June 2020). "London-based Ksubaka lands €1.3 million for its in-store games, surveys and temperature check". EU-Startups. Retrieved 15 January 2021.
  35. ↑ Sangani, Priyanka. "UST Global announces the launch of BlueConch Technologies". The Economic Times. Retrieved 15 January 2021.
  36. ↑ "UST Global Invests in Smart Software Testing Solutions Inc". News Experts. 30 July 2020. Retrieved 15 January 2021.
  37. ↑ "UST Global makes strategic investment in US-based Tastry". The Financial Express. 27 August 2020. Retrieved 15 January 2021.
  38. ↑ "UST announces 'strategic investment' in Israeli health-tech start-up". The Hindu Business Line.
  39. ↑ "UST HealthProof to acquire Advantasure". Becker's Healthcare.
  40. ↑ "UST Global & Cisco pact for Smart Campus". Deccan Herald. 31 August 2013.
  41. ↑ "Multinational IT Company UST Global Names Israel its Global Cybersecurity Center". Calcalist. 4 March 2018.
  42. ↑ "UST Global Acquired Israel-Based Cybersecurity Startup Bisec". Calcalist. 9 January 2018.
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