Globant (NYSE: GLOB), a San Francisco, CA-based digitally native technology services company focused on creating digital journeys, acquired PointSource, a Raleigh, North Carolina-based design and development tech agency.
The amount of the deal was $28m.
With this acquisition, Globant will reinforce its focus in digital transformation and continue to expand its US presence adding two new cities where PointSource has offices: Raleigh (NC), and Chicago (IL).
Led by Martín Migoya, CEO and co-founder, and Martín Umaran, Chief of Staff and co-founder, Globant is a digitally native technology services company that creates digital journeys for its customers via more than 5,800 professionals in 12 countries working for companies like Google, Linkedin, EA, and Coca Cola, among others.
Founded in 2004 and led by CEO Chris Hugill and COO & Chief Digital Officer Stephanie Trunzo, PointSource is a design and development tech agency comprised of digital experts specialized in retail, supply chain and insurance services solutions.
The company has 76 digital transformation professionals working for renowned brands such as Johnson & Johnson, Security First Insurance, Primerica, LabCorp, Covance, Allstate, Finish Line, Soccer.com, Kohl’s and others.