Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced the acquisition of Iteris Holding Ltda., a Brazilian business and technology consultancy focused on delivering digital transformation.
This acquisition enhances Globant’s current operations in Brazil by adding top local digital capabilities and an impressive client roster, a statement said.
Founded in 2009 in São Paulo, the Iteris team includes over 600 top professionals that develop end-to-end solutions across several industries, such as payments & banking, manufacturing, communications, education, retail, and healthcare for some of the strongest brands in Brazil, such as Fiserv, PagBank, Julius Baer, Nubank, Nutrien, Globo, C&A, Reckitt, and Heineken, among others.
“We are thrilled to welcome the Iteris team to the Globant family. We’re taking big steps in Brazil as we believe in the potential of this market and this acquisition will involve significant growth to our operations in that country. This expansion is an example of our commitment to the region and its technological landscape to continue offering a top-notch portfolio of services and products to keep reinventing businesses,” said Martín Migoya, Co-Founder and CEO of Globant.
“We are proud of the successful track-record of Iteris in these last years. We have consistently delivered high-quality services to our beloved clients. We are sure that Globant is the best partner to take our company to the next level, not only for them but also for our colleagues. As from today, there will be more unique reinvention opportunities for all,” said Fernando Riva, Co-founder of Iteris.
“Brazil is one of the top bets for Globant in Latin America. Globant already enjoys a strong presence in key industries and will now be able to enhance its local teams with great digital transformation projects and new teams of expert specialists,” said Ignacio Iglesias, Chief Business Officer in Latin America at Globant, based in São Paulo.
“Both organizations are united by a common commitment to assisting clients in their digital transformations and contributing to the improvement of the world. We share a mutual passion for fostering a robust culture that upholds the highest standards of diversity, inclusion, and equality principles. Without a doubt they are the perfect partner to continue expanding Globant’s footprint in Brazil,” said Martín Umaran, Co-Founder and Chief Corporate Development Officer of Globant.
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