Globant acquires Argentina firm specialized in blockchain

Founded in Argentina in 2013, Atix Labs maintains operations in the United States, Argentina and Uruguay, and has among its clients some of the main players in the world of cryptocurrencies.

RIO DE JANEIRO, BRAZIL - Luxembourg-based technology unicorn Globant, one of the "big three" tech disruptors that were founded in Argentina and have since expanded rapidly into Latin America and around the world, has announced the acquisition of Atix Labs, an Argentine professional services company specializing in the use of blockchain, it said in a statement.

The acquisition, the amount of which has not been disclosed, will help Globant expand its offering in the blockchain market, which is expected to increase tenfold in size by 2025.

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