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  5. Grid Dynamics Acquires Mobile Computing

M&A Deal Summary

Grid Dynamics Acquires Mobile Computing

On October 7, 2024, Grid Dynamics acquired software company Mobile Computing

Acquisition Highlights
  • This is Grid Dynamics’ 4th transaction in the Software sector.
  • This is Grid Dynamics’ 1st transaction in Argentina.

M&A Deal Summary
Date 2024-10-07
Target Mobile Computing
Sector Software
Buyer(s) Grid Dynamics
Deal Type Add-on Acquisition

Target

Mobile Computing

Buenos Aires, Argentina
Mobile Computing is a provider of digital transformation, offering a comprehensive suite of solutions spanning industries including manufacturing, CPG, and financial services. The company develops long-lasting relationships with blue-chip clients, and is known for high-quality application development and UI/UX services. Mobile Computing has high Net Promoter Scores (NPS), reflecting its reputation for delivery excellence and client satisfaction. Mobile Computing was founded in 1998 and is based in Buenos Aires, Argentina.

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Buyer(S) 1

Buyer

Grid Dynamics

San Ramon, California, United States
Category Company
Founded 2006
Sector Information Technology
Employees4,926
Revenue 351M USD (2024)
DESCRIPTION

Grid Dynamics is a provider of open, scalable, next-generation commerce technology solutions in the areas of omnichannel digital platforms, cloud enablement, and continuous delivery. Grid Dynamics was founded in 2006 and is based in San Ramon, California.

DEAL STATS #
Overall 5 of 5
Sector: Software M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Argentina M&A 1 of 1
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-26 JUXT

Milton Keynes, United Kingdom

JUXT is a provider of software engineering services specializing in data-intensive information systems for banking and other financial institutions, with a particular focus on risk platforms, structured notes, equity derivatives, and financial reporting. JUXT was formed in 2013 and is headquartered in Milton Keynes, England.

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