UK-based GlobalLogic has unveiled its plans to acquire two to three companies in the outsourcing product development (OPD) space in emerging markets like India and China as well as established markets. According to the sources, the company is particularly exploring an acquisition in south India.

GlobalLogic, Inc., a software product engineering outsourcing company, provides product development lifecycle services to start-up, emerging, and established technology companies. It offers GlobalLogic Velocity, a distributed agile method and platform for software development.

The company employs thousands of software engineers in the US, India, China and Eastern Europe to help its clients deliver quality software products to market faster than they could on their own.

Globallogic has already expanded its reach in China and North Asia by acquiring Dalian 3CIS, a software product development company with roots in China.

The proposed acquisitions are expected to enhance its technical capabilities in telecom, mobile, business and consumer internet, and embedded technology domains.