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WPP Acquires Majority Stake in Peruvian Digital Agency

WPP Acquires Majority Stake in Peruvian Digital Agency

By Narayan Ammachchi British advertising giant WPP has announced that its subsidiary Wunderman has acquired a majority stake in Peruvian digital marketing firm Binarix (Phantasia). WPP did not disclose what price it gave for Binarix, but did reveal that Phantasia ...

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WPP Continues LATAM Acquisition Spree in Mexico

WPP Continues LATAM Acquisition Spree in Mexico

By Narayan Ammachchi WPP has reached a deal to acquire Mexican digital marketing agency Clarus, as the British advertising giant continues its acquisition spree in Latin America’s digital technology market. Mexico City-based Clarus employs 112 people and works with clients ...

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Globant Expands into Peru with Launch of Lima Delivery Center

Globant Expands into Peru with Launch of Lima Delivery Center

By Narayan Ammachchi Argentine software firm Globant has expanded its operations to Peru with the launch of a delivery center in Lima. The Buenos Aires-based firm stated that the expansion not only bolsters its Latin American presence but also “decentralize(s) opportunities ...

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Globant Inches Closer to Launching IPO on the NYSE

Globant Inches Closer to Launching IPO on the NYSE

By Narayan Ammachchi Argentine IT firm Globant has finally begun ‘book-building’ as part of its plan to float its shares on the New York Stock Exchange.  The Buenos Aires-based firm has not, however, disclosed the precise date of its stock ...

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