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M&A Deal Summary

Globant Acquires Sysdata

On September 29, 2022, Globant acquired information technology company Sysdata

Acquisition Highlights
  • This is Globant’s 8th transaction in the Information Technology sector.
  • This is Globant’s 1st transaction in Italy.

M&A Deal Summary
Date 2022-09-29
Target Sysdata
Sector Information Technology
Buyer(s) Globant
Deal Type Add-on Acquisition

Target

Sysdata

Bologna, Italy
Sysdata is a business and technology consultancy that provides advisory services and end-to-end digital transformation projects to blue-chip companies in key industries such as Banking, Insurance, Automotive, Energy, and Retail. It has proven solid capabilities in Data Analytics, Marketing Technology, Business Intelligence, Enterprise Architecture, and Mobile Applications. Sysdata was formed in 1980 and is based in Bologna, Italy.

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Buyer(S) 1

Buyer

Globant

Luxembourg, Luxembourg
Category Company
Founded 2003
Sector Software
Employees30,084
Revenue 2.4B USD (2024)
DESCRIPTION

Globant is a provider of software product development and IT outsourcing services from Latin America. Globant was incorporated in 2003 and is based in Luxembourg.

DEAL STATS #
Overall 20 of 26
Sector: Information Technology M&A 8 of 11
Type: Add-on Acquisition M&A Deals 19 of 25
Country: Italy M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-20 GeneXus

Montevideo, Uruguay

GeneXus developed a low-code platform that simplifies software development and evolution and is being used by companies in several Latin American and Asian countries. GeneXus was formed in 1988 and is based in Montevideo, Uruguay.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 Vertic

Copenhagen, New York, Denmark

Vertic is a creative consultancy with a strong focus on life sciences and other B2B disciplines. The company designs digital experiences rooted in deep strategic understanding for blue-chip companies like Eli Lilly, Biogen, Roche, Hyland, Microsoft, and GE Healthcare. Formed in 2002, Vertic is based in Copenhagen and New York City.

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