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Grid Dynamics Acquires Mobile Computing S.A., Expanding Presence in the Americas

Grid Dynamics Acquires Mobile Computing S.A., Expanding Presence in the Americas

Slice of Manufacturing Team
October 09, 2024

Key Highlights:

Grid Dynamics acquires Mobile Computing S.A., expanding its presence in Latin America.
Acquisition enhances delivery capabilities for global enterprise clients.
Mobile Computing specializes in digital transformation with blue-chip clients.
Move supports Grid Dynamics' GigaCube growth strategy.
Expanded follow-the-sun delivery model for increased global reach.

Source: Business Wire

Notable Quotes:

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“The acquisition of Mobile Computing expands Grid Dynamics’ global footprint and significantly enhances our follow-the-sun delivery model.”

Leonard Livschitz, CEO at Grid Dynamics

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“Joining forces with Grid Dynamics is an exciting next step for our company, enabling us to offer clients a broader range of services on a global scale.”

Ignacio Garassino and Sebastian Wainztein, Co-CEOs at Mobile Computing

Our Take:

This acquisition is a strategic move for Grid Dynamics, reinforcing its presence in the Americas and expanding its global delivery model. By integrating Mobile Computing’s established expertise in digital transformation, Grid Dynamics is well-positioned to further enhance its service offerings, particularly in the fast-growing sectors of manufacturing, CPG, and financial services. This deal also aligns with Grid Dynamics' GigaCube growth strategy, ensuring clients have access to top-tier engineering services across key markets. The combined strengths of both companies will likely accelerate Grid Dynamics’ influence as a leader in enterprise AI and digital transformation services.