UST (company)
American technology company
From Wikipedia, the free encyclopedia
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]
- Professional services
- Information technology
- Digital engineering
- Product development
_Logo.svg){kind=logo} | |
| Formerly | UST Global (2007-2021)[1] US Technology Resources (1998-2007)[2] |
|---|---|
| Type | Private |
| Industry |
|
| Founded | 1998 |
| Founder | Stephen Ross |
| Headquarters | , United States & Thiruvananthapuram India |
Number of locations | 30 countries[3] |
Area served | Worldwide |
Key people | |
| Services |
|
| Revenue | USD $1.7B+ (2022) |
Number of employees | 30,000+[7] |
| Subsidiaries |
|
| Website | ust |
History
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
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.