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- Digitally native technology services company Globant SA (NYSE:GLOB) acquired an 80% stake in Walmeric.
- The financial terms of the transaction remain undisclosed.
- Walmeric is a firm specializing in developing marketing automation technology combining lead management, online marketing, and sales enablement.
- The agreement includes an option to purchase the remaining minority stake through a three-year term.
- The first product-oriented acquisition strengthens Globant's portfolio of digital marketing and digital sales.
- Walmeric offers a multi-channel marketing platform focused on lead to revenue management with B2B2C expertise. Their main product is the cloud-based platform (SaaS) Delio, a complete lead management platform that helps companies to track and qualify leads, discover their interests, and contact them with all that information to convert them efficiently into sales.
- Globant held $195.6 million in cash and equivalents as of March 31, 2021.
- Price action: GLOB shares are down 2.45% at 217.52 on the last check Thursday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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