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Globant S.A. (NYSE:GLOB) is set to expand its business outside of the United States, and it has adopted acquisition as the strategy to achieve this objective. In this thesis, I will be talking about these acquisitions by GLOB and how
Globant: Growth Company On An Acquisition Spree
Summary
- GLOB has adopted acquisition strategy to expand its operations globally.
- The eWave acquisition is expected to help GLOB expand its operations in the Asia Pacific region.
- The acquisition of Sysdata is expected to solidify the company's position in the EMEA market.
- The company has positive technical indicators suggesting a buying opportunity at current price levels.
- I assign a buy rating for GLOB.
I am an active investment banker with more than 15 years of experience in the equity markets. I specialize in long term equity investments. My goal is to provide the investors with strategic investment opportunities in the equity and debt market.
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