Kerala, India 1999 : Acquired Pinnacle Consulting. Magnecomp International, a division of the Singapore Listed Magnecomp Corporation, acquires an interest in UST. G. A. Menon becomes the company's Non-Executive Chairman. 2002 : Dan Gupta joined UST as its chief executive officer. 2003 : Expanded operations with centers in Chicago and New York. 2004 : Expanded operations with center in Malaysia. 2005 : Acquired Inc Assessed at SEI CMMI Level 5 and PCMM Level 5. Opened BPO operations in Chennai. 2006 : Acquired Canada-based QA Labs Inc. Initiated European operations with set up of UK office Acquired of land for exclusive campus in Thiruvananthapuram. 2007 : Announced USD 130 million expansion plan. Expanded operations with new centers in Kochi and Makati. Entered the 2007 North American Offshore Applications Services Magic Quadrant. Ranked among Best Green Outsourcers of 2007. Profiled in Independent Research Firm Report on mid-tier Providers by Forrester Research, Inc. 2009 : Established GenShare, a joint venture with GE. Expanded operations with new delivery centre in Chile. 2010 : Partnered Virgin Racing Formula One team for the 2010 season. 2011 : UST Forms Innovation Lab Partnership with CCH. 2012 : UST Acquires Andare. UST partners with Kony, Vidyo, Apperian to build on its mobile strategy. UST opens fourth US Domestic Sourcing Center Dallas Metro area, Texas. UST starts operations in Mexico. UST’s iDispatch earns the Vidyo Excellence Award for Customer Service 2014 : Became the principal sponsor of the Chennai Super Kings for three years. Acquired Kanchi Technologies Pvt Ltd. 2016 : UST inaugurates the first ever campus of their own in Thiruvananthapuram on 9 December 2016. 2019 May : Sajan Pillai retires and Krishna Sudheendra replaces him as chief executive officer. 2022 Oct : Acquired Advantasure a BCBSM arm from MI, USA, which is a new brand made merging Tessellate, Visiant, IkaSystems and others. Controversy In early 2008, California arbitrators ruled that US Technology Resources, LLC must pay Stephen J. Ross US $7.5 million for his founding interest in the company. The company had disputed the extent of Ross's actual contributions. The arbitration award was then confirmed by the Los Angeles Superior Court and judgment entered in Ross' favor. References Software companies based in California Software companies of India International information technology consulting firms Outsourcing companies Companies based in Aliso Viejo, California Technology companies established in 1998 Companies based in Thiruvananthapuram 1998 establishments in California Software companies of the