Globant Shakes the Creative and Tech Industries by acquiring GUT, Cannes Lions 2023's Independent Network of the Year
NEW YORK, Nov. 28, 2023 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the acquisition of a majority stake in GUT, an independent creative agency, to strengthen and grow Globant's creative capabilities. This acquisition will shape a partnership that will boost Globant's technology and creative offering, taking it to a new level, and support GUT's expansion to new markets and industries while leading the inception of technology into advertising.
- "Technology and creativity have never been more closely linked than they are today," said Martin Migoya, Co-founder and CEO of Globant.
- The five-year-old network has employees across seven offices in Miami, Buenos Aires, São Paulo, Toronto, Mexico City, Los Angeles, and Amsterdam.
- This year, GUT was named Cannes Lions Independent Network of the Year after winning 35 Lions, including 3 Grand Prix, 8 Golds, 12 Silvers, and 12 Bronzes across its Network.
- GUT Buenos Aires was also named both Cannes Lions Agency of the Year and Independent Agency of the Year in 2023.