Sunday, May 28, 2023

Globant acquires Pentalog to strengthen its presence in France and continue its European expansion

Globant, a digital native company focused on reshaping businesses through innovative technology solutions, today announced a definitive agreement to acquire Pentalog, a renowned digital transformation consulting firm that provides services across key technology sectors such as finance, sports, gaming and more. Creates advanced technology solutions and products for digital businesses across sectors. , travel and education.

The acquisition will support Globant’s plans to expand its presence and services in France. The agreement is also vital to the company’s growth plans by adding a strong team of highly trained engineers, technology experts and consultants as well as an impressive customer base in Germany, the Netherlands, Switzerland and Austria.

Pentalog works with some of the biggest brands across key industries including Criteo, Adidas, Segid, Bitpanda, TripAdvisor, Ipsos and G4S. The company is currently developing over 250 digital solutions and products with some of the world’s most innovative engineers. This association will allow current and potential customers of Globant and Pentalog to take advantage of the closer collaboration for an enriched and expanded value proposition.

Founded in Orléans, France in 1993, Pentalog has 1,300 employees in France, Romania, Moldova, Mexico, Vietnam, the United States and more. The company offers a robust range of digital services to solve its clients’ business challenges and help them expand their internal teams through an exclusive talent recruitment service. In its 30 years of existence, Pentalog has built a strong business, with approximately 80% of its revenue coming from European clients and the rest being generated in North America.

Frédéric Lasnier, co-founder and CEO of Pentalog, will remain in Globant along with other executives and the entire Pentalog team.

“France is one of the world’s leading economies and innovation centers, and we wanted Globant to have a strong presence in such an important region. Pentalog impressed us with its culture of innovation, customer-focused approach and the diversity of its talent. Together, we will be able to continue to offer high-quality services and products to relaunch some of the most recognized brands in the world,” said Martin Migoya, co-founder and CEO of Globant. “

“I have always admired Globant, even before this association, as a model of inspiration and a reference in the digital transformation of the world. Now that I have Globant in my hands, there is no doubt that we are Europe’s I will continue my expansion.” “, said Frédéric Lasnier, co-founder and CEO of Pentalog.

“We are delighted to welcome Pentalog to the Globant family. It is an excellent company with similar strategic objectives to ours and it fits perfectly with our own expansion plans at the European level”, Globant co-founder and President Martin Umran said. Europe.

“Once Pentalog is fully integrated, we will be able to better serve more companies thanks to our local experience and the ability to expand to more European countries. This combination will allow us to deliver our digital transformation projects to large European brands. “said Fernando Matzkin, Chief Business Officer of Globant Europe.

Nation World News Desk
Nation World News Desk
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