Globant Acquires PointSource to reinforce its focus in digital transformation

SAN FRANCISCO, June 1, 2017 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company focused on creating digital journeys, today announced the acquisition of PointSource, a design and development tech agency comprised of insightful, inquisitive, and talented digital experts specialized in retail, supply chain and insurance services solutions.

With this acquisition, Globant keep reinforcing its focus in digital transformation and continues to expand its US footprint adding two new cities where PointSource has offices: Raleigh (NC), and Chicago (IL).

"PointSource blends the creative energy of an agency with the technology savvy of a development firm to build digital solutions that solve complex problems and change businesses," stated Martín Migoya, Globant CEO and co-founder. "The company's unique focus on digital transformation and agile solutions will strengthen Globant's goal of creating innovative software products that appeal to millions of users, allowing our clients to transform their businesses."

"By incorporating PointSource's team to Globant, we continue building a global organization with some of the best talent in the world. On top of that, we keep growing our US footprint to be even closer to our customers," added Martín Umaran, Globant Chief of Staff and co-founder.

Founded in 2004, PointSource is headquartered in Raleigh, North Carolina. The company has 76 professionals highly skilled in digital transformation working for renowned brands such as Johnson & Johnson, Security First Insurance, Primerica, LabCorp, Covance, Allstate, Finish Line, Soccer.com, Kohl's and many others. As proof of its professionals' experience, PointSource received two IBM Beacon Award for Best Mobile Solution, made a three-peat appearance on the Inc. 5000, been awarded two times with the Platinum Hermes Creative Award.

PointSource CEO, Chris Hugill said: "PointSource is committed to bring business, marketing and technology together to create transformative digital solutions. We are honored to join Globant, a company that shares the same commitment to digital transformation. Joining forces with Globant will help us expand our services for our clients. Most importantly, Globant shares our same values in growing a great company and building great teams."

PointSource, COO & Chief Digital Officer, Stephanie Trunzo stated: "The dedication we show to our clients and our amazingly talented employees will continue to be the heart of our business. Being part of the Globant family represents even more opportunities for our people and for our clients. We will not only work towards the growth plans we already had in place, but I am positive we can achieve even more partnering with Globant."

About Globant

Globant (NYSE: GLOB) is a digitally native technology services company that creates digital journeys for its customers, which impact millions of consumers. Globant is the place where engineering, design, and innovation meet scale.

Globant has more than 5,800 professionals in 12 countries working for companies like Google, Linkedin, EA, and Coca Cola, among others.

Globant was named a Worldwide Leader of Digital Strategy Consulting Services by IDC MarketScape Report (2016) and its client work has been featured as business case studies at Harvard University, Massachusetts Institute of Technology and Stanford University. For more information, visit www.globant.com.

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SOURCE Globant