Orion Acquires Cabeus to Strengthen Digital Transformation Services for Pharmaceutical and Life Sciences Industries

On July 23, 2019, VCBeat (WeChat Official Account: vcbeat) learned that global technology services company Orion Business Innovation (“Orion”) announced the acquisition of Cabeus, aiming to advance its market expansion strategy, establish a foothold in new fields, and further position itself as a leading provider of business solutions and technology services.

Orion primarily focuses on enterprise digital transformation services and digital product development, and is a portfolio company of One Equity Partners, a leading global middle-market private equity firm. Leveraging its unique engineering design philosophy and mature product offerings, Orion’s team of over 3,500 employees effectively helps Fortune 1000 companies enhance operational efficiency, improve customer experience, and develop new digital products.

Orion has delivery centers in North America, Asia, and Eastern Europe, enabling it to provide specialized services across multiple sectors, including finance, pharmaceuticals, life sciences, automotive, communications, professional sports, entertainment, and education. Orion’s acquisition of Cabeus is primarily aimed at enhancing product competitiveness and building domain-specific expertise.

Cabeus is a U.S.-based technology service provider with extensive expertise in the life sciences and pharmaceutical sectors, specializing in enterprise digital transformation, regulatory information management, quality management systems, and digital health initiatives for life sciences. Cabeus offers a scalable SaaS platform for regulatory information management in life sciences, supporting Orion’s growing portfolio of proprietary technologies.

Within Cabeus’s management team, CEO Dr. V. Bala, Ravi Krishnamurthy, and Nishchal Sehgal each bring over 30 years of experience in the life sciences industry, and they will subsequently join Orion’s leadership team.

“Cabeus’s deep expertise in life sciences and its strong track record of delivery are a natural complement to our company,” said Raj Patil, CEO of Orion. “As a trusted technology partner, Orion has distinguished itself in driving business transformations globally. The integration of Cabeus enables us to provide application development, cloud migration, data analytics, and more in-depth services to the pharmaceutical and life sciences sectors. The acquisition of Cabeus is a key step in Orion’s transformation into a digital services provider, allowing us to introduce new solutions.”

“Joining Orion provides us with an excellent opportunity to offer a broader platform and a more extensive product portfolio to pharmaceutical and life sciences companies,” said Dr. V. Bala, CEO of Cabeus. “Cabeus has long competed against—and ultimately outperformed—larger vendors. By joining Orion, we can scale projects quickly and effortlessly, enabling us to compete more effectively with larger enterprises. We are now able to provide digital transformation companies with a wider range of technologies, as well as in-depth, hands-on services, striving to address industry issues and meet its challenges.”

It is reported that, following the merger of the two companies, the new entity will have more than 3,500 highly skilled employees working across 12 locations in 10 countries.

(Compiled by: Fan Xin)