Globant
Globant has bought 4 AI deployment firms since 2020: Bluecap, gA and others.
- Type
- IT services firms: Global IT services and outsourcers
- Headquarters
- Luxembourg, Luxembourg
- Owner
- Public · NYSE
- Website
- globant.com
Acquisitions (4)
- Oct 2024 (announced): Exusia (Miami, United States). Full-lifecycle AI, data engineering, cloud migration and analytics for healthcare, logistics, financial services and consumer products. Source: investors.globant.com.
- Sep 2024 (announced): Blankfactor (Miami, United States). Consulting-led product, data engineering and enterprise AI services for payments, banking and capital markets clients. Source: ffnews.com.
- Dec 2020 (announced): Bluecap (Spain). Spanish strategy consultancy using advanced analytics for banks and financial institutions. Price: $88M (stated as €72 million paid to the seller at closing (€43.2m cash, €28.8m shares), plus €28.0m further cash installments and up to €20.0m contingent on revenue and operating margin targets, sec.gov). Sources: investors.globant.com, iteuropa.com.
- Aug 2020: gA (Miami, United States). Digital and cloud transformation firm specialising in data science and machine learning. Price: $75M (reported) (stated as Up to about US$74.5M: US$45M upfront (subject to working capital and similar adjustments), about US$17M deferred within two years and up to US$12.5M variable based on gA billing and profit targets for the rest of 2020. Headline figure US$75M. Press-reported only; Globant's release and 6-K filings do not state the price., eleconomista.com.ar). Sources: investors.globant.com, globant.com, eleconomista.com.ar.
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