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Global Outsourced Product Development Leader, Symbio, Acquires Cubical Solutions

Symbio, a leader in next generation outsourced product development (OPD), today announced it has entered into a definitive agreement to acquire the business operations of Helsinki-based Cubical Solutions, an established software engineering service company for the telecommunications, financial services and manufacturing industries. This acquisition adds market-leading specialization in open source software utilization and product development, strengthening Symbio’s expertise in critical domain areas that enable rapid technology convergence between IT and telecom.

Adding Linux Expertise, Traction with Global Leading Clients

With over 15 years of software engineering expertise, Cubical delivers service excellence to global industry giants including Fujitsu Services, Nokia Siemens Networks, and EADS. The acquisition of Cubical adds significant expertise for Symbio in Linux and open source product development, leveraging operating environments like Red Hat, SuSE, Maemo, Wind River Linux and OpenEmbedded Linux. This agreement further extends Symbio’s deep domain expertise across mobile, Web, enterprise and embedded technologies, underscoring its commitment to delivering tomorrow’s technology today for world leading innovators.

"In continued efforts to differentiate Symbio as the leader in converging enterprise technologies, while meeting business demand for deeper domain expertise, we acquired Cubical for its success and engineering talent in Linux and open source product development,” said Jacob Hsu, CEO of Symbio. “With this acquisition, Symbio furthers its strategy of delivering ‘innovation outsourcing’ across all converging platforms, technologies, languages and geographies, and strengthens its proficiency across all Linux-based operating environments.”

Symbio Growth Plans

Symbio continues its multi-pronged approach for growth: scaling up operations in Asia, Europe and the US, investing in high-level global engineering expertise, and broadening its expertise across converging technologies to deliver the most strategic and economical enterprise user experiences for global businesses.

About Symbio

Symbio is a leading innovator of product co-creation solutions worldwide. By leveraging its deep domain expertise in enterprise, embedded, mobile, Web-based and user experience driven technologies, Symbio enables its clients to focus on their core competencies while building mission-critical technologies and products to sustain, speed and secure the long-term success for the business. World-leading companies like China Mobile, IBM, Microsoft and Nokia already rely on Symbio for faster, innovative, and highly cost-effective product engineering. With 22 locations across the US, Europe and Asia, Symbio provides worldwide integration services with a unique local touch. For more information about Symbio, visit www.symbio.com.

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