UST (company)

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UST
FormerlyUST Global[1]
(1999–2021)
Company typePrivate
Industry
  • Professional services
  • Information technology
  • Digital engineering
  • Product development
Founded1999; 27 years ago (1999)
Founder
Headquarters
Orange County, California
,
United States & Thiruvananthapuram India
Number of locations
30 countries[2]
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+[6]
Subsidiaries
  • CyberProof
  • UST HealthProof
  • UST Product Engineering
  • Cogniphi Technologies
  • Xpanxion
Websiteust.com

UST, formerly known as UST Global, is an American provider of digital technology and transformation, information technology and services, headquartered in Aliso Viejo, California, United States.[7] It has offices in the Americas, EMEA, APAC, and India.[8][9][10]

History

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UST was founded by Stephen J. Ross in 1998 in Laguna Hills.[11]

In January 2004, UST acquired eBuilt Inc.[12]

In March 2012, Andare, a mobile applications company, was acquired by UST.[13]

In January 2014, UST acquired Testhouse Consultores S.A., the Spanish arm of UK-based Testhouse Limited.[14][15] In May 2014, UST acquired Kanchi Technologies, a Milwaukee-based engineering company, and Xpanxion, a technology firm.[16][17] Xpanxion provides cloud-based business application development, mobile application development, software testing services, and technology and business consulting.[18] In July 2014, UST invested in xTV, an online TV platform, and acquired Renaissance Solutions, a Singapore-based recruitment specialist.[19][20]

In April 2015, UST acquired FogPanel to boost cloud infrastructure management.[21]

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.[22]

In January 2018, Cyberproof, a cybersecurity company of UST, acquired Bisec, an Israeli startup that created a platform to help security teams collaborate.[23] The following month, UST acquired American technology startup and Gartner Cool Vendor, Pneuron in an effort to improve its data analytics services.[24][25] In June 2018, Temasek, Singapore’s sovereign wealth fund, invested US$250 million in UST, giving UST a US$1 billion-plus valuation.[26][27] In September 2018, UST acquired SeviTech Systems, a chip design services firm based in Bengaluru.[28]

In October 2019, UST acquired SCM Accelerators to help grow its SAP business.[29] 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.[30][31]

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.[32][33] The following month, UST invested in Smart Software Testing Solutions, a software testing and product company, that utilizes SaaS platforms pCloudy and OpKey.[34] In August 2020, UST invested in Tastry, an AI company that studies how human senses interpret product chemistry.[35]

In July 2022, UST invested in Well-Beat, an Israeli company focused on patient-centred behavioural artificial intelligence (AI).[36] In October 2022, UST HealthProof, a UST company, acquired Advantasure.[37]

Campuses

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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.[9][10]

UST has started its expansion plans in India in the capital city of Kerala, Thiruvananthapuram, with the construction of its own campus, near Technopark.[38] 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

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CyberProof

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CyberProof is a fully owned subsidiary of UST and founded in 2017 in Tel Aviv, Israel.[39]

In January 2018, UST acquired BISEC, a cybersecurity company, for 5.8 million Dollars and integrated the technology into CyberProof.[40]

References

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