WPP Acquires Brazilian Digital Software Company DTI Digital For Undisclosed Sum

WPP Plc (NYSE: WPP) acquired Brazilian digital software engineering company DTI Digital to consolidate its capabilities in its clients' end-to-end digital transformation objectives in Brazil and beyond through expanding its ad tech and systems integrations capabilities.
DTI will gain from WPP's global network and relationships with its partners and clients.
DTI's digital solutions help clients get digitalized and connected to their customers, including back-office support systems development. Based on agile methodology and design thinking, its proprietary approach enables in scaling up of its development teams.
The financial terms of the acquisition remain undisclosed.
Price action: WPP shares are down 0.02% at $56.55 on the last check Wednesday.

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