April 29, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Tata Acquires Cambric Corporation

Press Release

April 29, 2013

Salt Lake City — Tata Technologies, a provider of engineering services and manufacturing enterprise IT, has signed definitive agreements for the acquisition of Salt Lake City-based Cambric Corporation, an engineering services company that provides turnkey engineering services. The partnership will strengthen Tata Technologies’ global footprint provide Cambric access to the Asia Pacific region.

Cambric is a global engineering services company with a significant footprint in Eastern Europe. The company has three development centers in Romania, and its customers include sheavy machinery, agricultural, off-highway and automotive companies. Cambric provides system level engineering and design capabilities in engine, powertrain, chassis/structures, body, electrical and hydraulic systems. Cambric is a privately held company with private equity investors holding majority stake in the company.  

“Cambric gives our customers in the construction and heavy equipment, as well as in the auto sector, access to specialists in this field as well as an access to Cambric’s powertrain expertise,” said Patrick McGoldrick, managing director and CEO of Tata Technologies. “Additionally, Cambric’s customers will have access to Tata Technologies’ footprint in Asia Pacific and complementary capabilities including embedded systems, enterprise IT and extensive automotive domain experience.”

Tim Hayes, CEO of Cambric, said, “We are excited to become a part of Tata Technologies ambitious growth strategy and look forward to providing our customers the added breadth, depth and global footprint that the combined entity provides.”

Utah Business Social
UB Events View All
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine and Adobe, along with our other sponsors: Boostability, Right ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Best Companies to Work For 2014Utah Business Event
Dec 11, 2014
Utah Business magazine along with our sponsors Diversified Insurance and Miller Motor Sports Park...
Community Events View All
2014 Wicked Halloween 5K and Family Expo
Oct 25, 2014
Calling all witches, ghosts, vampires and werewolves! Join us on October 25th at Memory Grove Par...
St. George Book Festival - Book Expo Extravaganza!
Oct 25, 2014
What to Except: * Readers of all ages and genres will get a chance to meet dozens of prolific au...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel