Globant Acquires Brazilian Consultancy Iteris

Globant Acquires Brazilian Consultancy Iteris. A Brazilian technology and business consulting firm is dedicated to facilitating digital transformation. Globant’s present operations in Brazil are enhanced by this acquisition, which adds outstanding local digital capabilities and a strong clientele.

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Approximately 600 highly qualified individuals make up the Iteris team, which was established in São Paulo in 2009. They create end-to-end solutions for some of the biggest brands in Brazil, including Fiserv, PagBank, Julius Baer, Nubank, Nutrien, Globo, C&A, Reckitt, and Heineken, in the payments and banking, manufacturing, communications, education, retail, and healthcare sectors.

Martín Migoya, Co-Founder and CEO of Globant said, “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,”.

Fernando Riva, Co-founder of Iteris said, “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,”.

Ignacio Iglesias, Chief Business Officer in Latin America at Globant, based in São Paulo said, “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,”.

Martín Umaran, Co-Founder and Chief Corporate Development Officer of Globant said, “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,”.

About Globant

Globant, As a digitally native business, they assist companies in realising their full potential and reinventing themselves. They are the hub for large-scale innovation, design, and engineering.

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They work for organisations like Google, Electronic Arts, and Santander, among others, and employ over 27,500 people in 30 countries on 5 continents. They were recognised by the IDC MarketScape report as a Worldwide Leader in CX Improvement Services (2020) and Worldwide Leader in AI Services (2023).