Why Globant (GLOB) Is Buying gA

By Amit Chowdhry • Aug 3, 2020
  • Digitally native technology services company Globant (NYSE: GLOB) announced it has acquired gA. These are the details about the deal.

Digitally native technology services company Globant (NYSE: GLOB) announced it has acquired gA. gA is a leading digital and cloud transformation services company with presence in the US, Argentina, Brazil, Chile, Colombia, Mexico, and Spain.

And with this acquisition, Globant reinforces its leading positioning delivering digital and cognitive transformation as it broadens its expertise in life sciences, CPG, manufacturing, and logistics. And gA also complements and deepens Globant’s capabilities to deliver cloud journey and enterprise application services.

Plus gA is a global technology company that utilizes digital platforms and transformation services to empower large companies in America and Europe to reformulate their business models and organizations harnessing the insights and power of data, artificial intelligence, and people. And they have key strategic partnerships with companies like Oracle and SAP along with strong specialization around Data Science & Machine Learning, Process Intelligence, and Cloud capabilities.

Based in Miami, gA has over 1,100 IT professionals working with renowned brands like Johnson & Johnson, Cardinal Health, Medtronic, Honda, Avon, DHL, Equifax, PepsiCo, AXA, Arcor, and DirecTV.

KEY QUOTES:

“In gA we found the perfect partner for our future plans, as we enhance our portfolio for Healthcare and Life Sciences. They have built outstanding lasting relationships with many Fortune 500 companies. The world is changing and many industries are facing an amazing opportunity. gA’s portfolio will deepen our service offering to help our clients in their transformation journey.”

— Martin Migoya, Globant’s CEO and co-founder

“We’re excited to join Globant, one of the leading companies delivering digital transformation. We began our operations almost 30 years ago, with a focus on enterprise technologies and business process management. Today, in the era of converging technologies, we bring our Innovation and Cloud Journey capabilities into Globant, to create a broader service offering to our joint customers. In addition, this will enhance our global footprint and bring new professional opportunities to our employees.”

— Roberto Wagmaister, CEO and founder of gA

“It is really rewarding to be able to close this transaction that was completely executed during this pandemic crisis. The whole process was done virtually, showing how much two companies can achieve when they think big and align visions. We are really excited to bring gA’s talent onboard. They share our entrepreneurial and innovative DNA, strong values and lasting customer relationships. For us, it’s key to build the best global team ready to face the most demanding challenges.”

— Martín Umaran, Globant co-founder and Chief of Staff in charge of M&A