Grid Dynamics has acquired Mobile Computing S.A. to enhance its delivery capabilities and expand its client portfolio in the Americas, specifically in the software development sector.

Target Information

Grid Dynamics Holdings, Inc. (NASDAQ: GDYN), a prominent technology consulting and engineering service provider, has announced its acquisition of Mobile Computing S.A., a well-regarded software development company based in Buenos Aires, Argentina. Founded in 1998, Mobile Computing has established itself as a leader in digital transformation, serving major industries such as manufacturing, consumer packaged goods (CPG), and financial services. Known for its extensive suite of high-quality application development and UI/UX services, the company has cultivated long-lasting relationships with blue-chip clients and boasts impressive Net Promoter Scores (NPS), indicative of its reputation for client satisfaction and delivery excellence.

The acquisition serves to enhance Grid Dynamics' service offerings and operational capabilities across the Americas, allowing the company to significantly enhance its follow-the-sun delivery model. With Mobile Computing’s established presence, Grid Dynamics aims to provide its global enterprise clients with expanded options and superior service capabilities.

Industry Overview

The software development industry in Argentina has experienced robust growth in recent years, increasingly positioning itself as a hub for technological innovation in Latin America. With a highly skilled talent pool and a burgeoning startup ecosys