Globant’s Acquisition of GeneXus

In Uruguay, Ferrere advised Globant on the deal.

Globant (NYSE: GLOB), a digitally native technology services company, has entered into a definitive agreement to acquire GeneXus, a renowned company that developed a leading low-code platform extensively used in several industries. With this operation, Globant became one of the first leading digital players to invest in a low-code platform as a tool to deliver faster and high quality digital transformation. GeneXus will also strengthen the offering of Globant X, a dedicated group in charge of productizing the Company’s most transformative tech into scalable platforms.  

With over 30 years in the market and being used by 1,700+ companies in Latin America and Asia, GeneXus is a solid product that offers a world-class low-code platform enriched with Artificial Intelligence (AI) features in a friendly tool to create, develop and maintain end-to-end solutions ready to run in all sorts of devices.
Founded in Uruguay in 1988, with 150+ professionals, GeneXus has developed an impressive client portfolio including large well-reputed corporations as Mitsubishi Electric, Itaú, Honda, Pan American Energy, and TV Azteca, among others, in key industries such as Financial Services, Retail, and Industrial & Manufacturing. Nicolás Jodal, CEO and Co-Founder of GeneXus, and his team will join Globant to continue expanding GeneXus globally.

In Uruguay, Ferrere advised Globant with a team including Martín Pesce (Picture), Clara Porro, Bruno Bertolotti, Alejandro Alterwain, Isabel Hounie, Cecilia Alberti, Giselle Cardoso, Stella Weng, Ma. Eugenia Contreras and María Victoria Costa.

Involved fees earner: Alejandro Alterwain – Ferrere Attorneys; Bruno Bertolotti – Ferrere Attorneys; Giselle Cardoso Ottonello – Ferrere Attorneys; María Victoria Costa – Ferrere Attorneys; Isabel Hounie – Ferrere Attorneys; Martín Pesce Cutri – Ferrere Attorneys; Clara Porro – Ferrere Attorneys; Stella Weng – Ferrere Attorneys;

Law Firms: Ferrere Attorneys;

Clients: Globant S.A.;

Avatar

Author: Ambrogio Visconti