Globant S A Stock Price, News & Analysis

Globant has entered a multi-year partnership with FIFA to enhance the FIFA+ streaming platform, starting with the FIFA World Cup Qatar 2022. As the Global Platform Supporter, Globant will develop new features for FIFA+ and sponsor major events including the FIFA Women's World Cup 2023. The agreement also designates Globant as a FIFAe Series Global Sponsor through 2025. With over 25,900 employees, Globant aims to drive digital transformation in sports, engaging football fans worldwide.

FTV Capital has been recognized for the second consecutive year on Inc.’s Founder-Friendly Investors list. This accolade highlights its effective support for entrepreneurs, following significant milestones including closing its largest fund at $2.3 billion in March 2022. Over the past twelve months, FTV reported $1.1 billion in liquidity events and deployed over $900 million. The firm has a strong portfolio of over 130 companies and utilizes a robust network to foster growth.

Globant (NYSE: GLOB) has acquired Sysdata, an esteemed Italian consultancy focused on digital transformation, as of September 29, 2022. This strategic move enhances Globant's presence in Italy and Europe, leveraging Sysdata's extensive client portfolio in sectors such as Banking and Automotive. Founded in 1980, Sysdata boasts over 300 professionals and a robust service offering. The acquisition aims to accelerate digital transformation services for global brands. Sysdata's founder will continue as an advisor, while other leadership remains committed to future growth.

Globant (NYSE: GLOB) and LaLiga have announced a joint venture aimed at transforming sports and entertainment through technology, expanding LaLiga Tech's product offerings. This collaboration seeks to enhance global fan engagement using advanced solutions like OTT platforms and gaming. The partnership capitalizes on Globant's technology expertise and LaLiga's extensive experience in sports to accelerate growth in emerging tech sectors, including Web 3.0 and the Metaverse. The deal's closing is subject to regulatory approval.

Globant (NYSE: GLOB) has been recognized as a technology leader in the 2022 SPARK Matrix analysis of the Healthcare IT Services market by Quadrant Knowledge Solutions. The company excels in end-to-end capabilities, from consultancy to implementation, receiving strong ratings for technology excellence and customer impact. The report highlights how Globant is driving innovation in life sciences through digital solutions and enhancing patient engagement while adapting to post-pandemic healthcare trends, focusing on data integration and personalized offerings.

Globant (NYSE: GLOB) released its Sentinel Report on September 15, 2022, focusing on blockchain's transformative role across industries. It outlines key applications, benefits, and challenges of blockchain technology. Predictions indicate the agricultural sector's blockchain value will hit $1.48 billion by 2026, while the financial sector comprises 30% of the blockchain market. The report also emphasizes blockchain's potential social impact, enhancing supply chain integrity and providing digital identity solutions.

Patra Corporation has secured a $146 million growth equity investment from FTV Capital, aimed at expanding its customer reach and enhancing automation within the insurance industry. With 16 consecutive years of revenue growth, Patra addresses critical challenges in the $60 billion U.S. insurance market, including an aging workforce and rising operational costs. This funding will facilitate market expansion and technology deployment across its services, leveraging Patra's proprietary PatraOne platform. FTV's expertise in tech-enabled services will support Patra's future product offerings and customer value delivery.

Globant (NYSE: GLOB) has established its "Council of Igniters," the first corporate advisory board exclusively made up of Generation Z members. This initiative aims to infuse the company with innovative perspectives on pressing global issues, including climate change and diversity. During their initial meeting in Buenos Aires, six Latin American influencers shared insights on topics like blockchain, gender equality, and sustainability. The council's goal is to guide Globant's reinvention strategies and enhance its appeal to the upcoming generation of talent.