Globant Acquires L4 To Strengthen Its Lead Position In The Digital Services Space
Through the acquisition of L4, Globant reinforces its focus on digital journeys, digital transformation and consulting services. The acquisition of Seattle-based L4 will also expand Globant capabilities in the US.
SAN FRANCISCO, Nov. 14, 2016 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company focused on creating digital journeys, today announced the acquisition of L4, a leading digital services company. With this acquisition, Globant expands its US footprint leveraging L4's presence in Seattle.
This acquisition is aligned with Globant's unique vision of creating digital journeys, which involves the creation of different products that take into account each moment of interaction between the brand and the user, creating experiences that are relevant to the moment, the consumer and the environment. Aligned to it, L4's main differentiator is to ideate, design and develop robust digital products and complex software, with a strong focus on innovation and quality assurance. L4's professionals, all based in the US, work with renowned brands to create digital strategies and products to reach millions of consumers. "L4 shares our vision and recognizes the importance of delivering meaningful experiences for our clients and their end users. The company shares our passion for creativity, innovation and design. We believe that its professionals include some of the best mobile and media minds in the industry. On top of that, they work with the most progressive companies to accelerate digital products to market," stated Martín Migoya, Globant CEO and co-founder. "The company's unique blend of multi-platform experience with a focus on quality assurance sets L4 apart from other digital services companies, so we are sure that this acquisition will strengthen Globant's goal of becoming the best partner in developing profound digital transformations." "L4's recognized experts will allow us to continue building a global team with what we believe to be some of best talent in the world. L4 is based in the US, which will enable us to expand our local footprint to be even closer to our customers and, thus, propel our partnerships," added Martín Umaran, Globant Chief of Staff and co-founder. "Moreover, L4 will help us increase the depth of our capabilities, based on the company's knowledge around media and entertainment, and experience with the most innovative platforms and current practices, in regards to design, mobile development and IoT. We are thrilled to have them on board."