With this acquisition, Globant will land in Italy to expand its footprint of clients and propel the relationship with Sysdata's long-standing ones.

Globant Strengthens European Footprint With Sysdata Acquisition

Buenos Aires based Globant (NYSE: GLOB), announced today that it had acquired Sysdata SpA, a Bologna, Italy based business and technology consultancy focused on delivering digital transformation established in 1980.

The acquisition gives Globant an on-the-ground presence in Italy and reinforces its presence in Europe. Roberto Vecchione, founder of Sysdata, will retire from daily operations of the company but will remain in an advisory role. Gianmarco and Guido Vecchione will continue executing the expansion plan in Italy alongside Marco Santulli, Gianluca Pogliani and the rest of the Sysdata team.

Founded in Bologna, Italy, with approximately 300 professionals, Sysdata provides advisory services and digital transformation projects to corporate customers in industries such as banking, insurance, automotive, energy, and retail with capabilities in data analytics, marketing technology, business intelligence, enterprise architecture, and mobile applications.

“We are thrilled to welcome the Sysdata team to the Globant family. Given their strong culture of innovation, quality and agility, they are the perfect partner to continue expanding Globant’s footprint in Europe. Together, we will be able to continue offering a top-notch portfolio of services and products to keep reinventing businesses,” said Martín Migoya, Globant’s Co-Founder and CEO.

“I am proud of the successful track-record of Sysdata and I am sure that Globant is the best partner to take it to the next level. I want to thank all the clients that have believed in us for the last 40 years and let them all know that from today, together, we will be able to offer them a unique and strengthened offering,” said Roberto Vecchione, Founder of Sysdata.

“Sysdata joins Globant to consolidate our expansion in Europe. We were impressed by their long-standing portfolio of customers in some of Italy’s more significant industries, such as banking, insurance, and automotive. Globant will complement these and other offerings to keep on supporting successful digital transformations,” said Martin Umaran, Co-Founder of Globant and President of EMEA.

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