Globant acquires Atix Labs to expand its blockchain offerings

Globant (NYSE:GLOB) acquires blockchain services company Atix Labs for terms undisclosed. The company says this acquisition will help expand its offering in the blockchain market, which is expected to grow 10x by 2025, according to industry analysts. Founded in Argentina in 2013, Atix Labs has operations in the United States, Argentina and Uruguay with international players in crypto stage and partnerships including RSK, IOHK, Cardano Foundation and IBM. "Globant's mission is to help organizations stay relevant by offering cutting-edge solutions. There is no doubt that blockchain and crypto are critical in the new business-tech horizon. Adding Atix Labs to the family will be seamless as both companies are action driven and true reinvention seekers," says Diego Tartara, CTO of Globant. The news follows the company's latest plan to invest £65M in the United Kingdom over the next three years.