Mergers & Acquisitions
By The Online Investor Staff, updated Thu., Mar. 4, 1:02 PM
| This Slide: #26 of 100 |
Slide #26. Globant — CloudShift
Acquirer:
Globant (NYSE:GLOB)
Acquiree:
CloudShift
Details:
Globant (NYSE: GLOB), a digitally native technology services company, announced today its acquisition of CloudShift, a leading Salesforce partner in the UK specialising in multi cloud digital transformation.
Globant is a holding company. Through its subsidiaries, Co. is engaged in providing software solutions services. Co. creates software products that connects its customers with consumers and employees. Co. delivers these services through its set of Studios, its Service over Platforms strategy, its own methodology called Agile Pods, and its Stay Relevant approach. The Company provides services from development and delivery centers located in U.S., Argentina, Uruguay, Colombia, Brazil, Peru, Chile, Mexico, India, Spain, Belarus, Romania and U.K. Co. also has client management centers in U.S., Brazil, Colombia, Uruguay, Argentina, France and the U.K. Co. has centers mainly across Latin America.
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Avg. Broker Rec.
  
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Buy (2.94 out of 4) 24th percentile
(ranked lower than approx. 76% of all stocks covered)
Analysts' Target Price: GLOB Stock Forecast Based on Zacks ABR data; powered by Xignite |
