Grid Dynamics Expands Capabilities in the Americas with Acquisition of Argentina-Based Mobile Computing, Strengthening Expertise in Manufacturing, CPG, and Financial Services | usagoldmines.com

Key Takeaways:

Cellular Computing’s presence in Buenos Aires strengthens Grid Dynamics’ follow-the-sun supply mannequin to raised serve its enterprise purchasers.

The acquisition expands Grid Dynamics’ shopper portfolio, including main corporations from the manufacturing, CPG, and monetary providers industries.

Grid Dynamics features a talented staff recognized for supply excellence in digital product co-creation and UI/UX providers.

SAN RAMON, Calif., October 07, 2024–(BUSINESS WIRE)–Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a number one supplier of expertise consulting, platform and product engineering, AI, and digital engagement providers, at the moment proclaims its acquisition of Cellular Computing S.A., a extremely regarded software program improvement providers supplier based mostly in Buenos Aires, Argentina. This strategic acquisition enhances Grid Dynamics’ supply capabilities within the Americas and reinforces its dedication to offering engineering excellence for its world enterprise purchasers.

Based in 1998, Mobile Computing is acknowledged as a pacesetter in digital transformation, providing a complete suite of options spanning industries together with manufacturing, CPG, and monetary providers. The corporate has developed long-lasting relationships with blue-chip purchasers, and is understood for high-quality software improvement and UI/UX providers. Cellular Computing has excessive Web Promoter Scores (NPS), reflecting its status for supply excellence and shopper satisfaction.

“Cellular Computing has a powerful status as a trusted supplier of top-tier engineering providers, and I’m extraordinarily proud to welcome this high-performing staff of pros into our firm. The acquisition of Cellular Computing expands Grid Dynamics’ world footprint and considerably enhances our follow-the-sun supply mannequin. By including this proficient staff in Argentina, our purchasers now have expanded choices within the Americas, complementing our established presence in america and Mexico. This acquisition additionally helps Grid Dynamics’ GigaCube progress technique by providing our world enterprise purchasers expanded service capabilities and deeper trade experience,” mentioned Leonard Livschitz, CEO of Grid Dynamics.

Ignacio Garassino and Sebastian Wainztein, Co-CEOs of Cellular Computing, expressed the importance of the acquisition in a joint assertion, noting, “Becoming a member of forces with Grid Dynamics is an thrilling subsequent step for our firm. We’ve constructed a powerful status for delivering top-tier digital options and, by changing into a part of Grid Dynamics, we are able to provide purchasers a broader vary of providers to allow their digital transformation on a world scale.”

About Grid Dynamics

Grid Dynamics (NASDAQ: GDYN) is a number one supplier of expertise consulting, platform and product engineering, AI, and digital engagement providers. Fusing technical imaginative and prescient with enterprise acumen, we remedy essentially the most urgent technical challenges and allow constructive enterprise outcomes for enterprise corporations present process enterprise transformation. A key differentiator for Grid Dynamics is our 8 years of expertise and management in enterprise AI, supported by profound experience and ongoing funding in data, analytics, application modernization, cloud & DevOps, and customer experience. Based in 2006, Grid Dynamics is headquartered in Silicon Valley with workplaces throughout the Americas, Europe, and India. Comply with us on LinkedIn.

Ahead-Wanting Statements

This communication accommodates “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Trade Act of 1934 that aren’t historic info, and contain dangers and uncertainties that might trigger precise outcomes of Grid Dynamics to vary materially from these anticipated and projected. These forward-looking statements could be recognized by means of forward-looking terminology, together with the phrases “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “could,” “will,” “potential,” “tasks,” “predicts,” “proceed,” or “ought to,” or, in every case, their unfavorable or different variations or comparable terminology. These forward-looking statements embrace, with out limitation, quotations and statements concerning the anticipated advantages of the Cellular Computing acquisition, our product capabilities, and our firm’s future progress together with with prospects and GigaCube technique.

These forward-looking statements contain vital dangers and uncertainties that might trigger the precise outcomes to vary materially from the anticipated outcomes. Most of those components are exterior Grid Dynamics’ management and are troublesome to foretell. Components which will trigger such variations embrace, however will not be restricted to our capability to realize its anticipated advantages, in addition to any components limiting our product capabilities, the advantages of our merchandise, and our firm’s progress technique.

Grid Dynamics cautions that the foregoing listing of things is just not unique. Grid Dynamics cautions readers to not place undue reliance upon any forward-looking statements, which converse solely as of the date made. Grid Dynamics doesn’t undertake or settle for any obligation or enterprise to launch publicly any updates or revisions to any forward-looking statements to replicate any change in its expectations or any change in occasions, circumstances or circumstances on which any such assertion relies. Additional details about components that might materially have an effect on Grid Dynamics, together with its outcomes of operations and monetary situation, is about forth beneath the “Danger Components” part of the Firm’s quarterly report on Type 10-Q filed August 1, 2024, and in different periodic filings Grid Dynamics makes with the SEC.

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Contacts

Media Contact:
Cary Savas
+1 (650) 523 5000
csavas@griddynamics.com