Globant to acquire GeneXus

Globant to acquire GeneXus

M&A Technology Argentina Uruguay People

Argentine software developer Globant said it has entered into a deal to acquire GeneXus, a software company in Uruguay, for an undisclosed amount as it seeks to diversify its portfolio and expand the business. Montevideo-based GeneXus operates a low-code software platform for businesses to create and run apps. "Low-code platforms can foster business reinventions as they enable organizations to create new applications and solutions faster," Globant CEO and co-founder Martín Migoya said in a press

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