The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sun., Jan. 29, 4:48 PM

Slide #80. Globant Vertic

Acquirer: Globant (NYSE:GLOB)
Acquiree: Vertic
Details: Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has acquired Vertic, a Copenhagen and New York based creative consultancy with a strong focus on life-sciences and other B2B disciplines. This acquisition will allow Globant to consolidate its global digital marketing network and start operations in Denmark from where it will offer services to companies based in the Nordic countries.

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. provides services from development and delivery centers located in United States, Argentina, Uruguay, Colombia, Brazil, Peru, Chile, Mexico, India, Spain, Belarus, Romania and United Kingdom. Co. also has client management centers in United States, Brazil, Colombia, Uruguay, Argentina, France, Chile, Mexico and the United Kingdom. Co. also has centers of software engineering talent and educational, primarily across Latin America.

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Company Name: 
Globant SA
Website: 
www.globant.com
Sector: 
Information Technology Services
Number of ETFs Holding GLOB: 
21
Total Market Value Held by ETFs: 
$108.42M
Total Market Capitalization: 
$6.26B
% of Market Cap. Held by ETFs: 
1.73%
 

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Strong Buy (3.85 out of 4)
71st percentile
(ranked higher than approx. 71% of all stocks covered)

Analysts' Target Price:
GLOB Stock Forecast

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