Saturday, November 23, 2024
spot_img
spot_img
HomeNewsBusiness WireMoove IT, December Labs Merge to Form Leading Nearshore Digital Transformation Provider,...

Moove IT, December Labs Merge to Form Leading Nearshore Digital Transformation Provider, Qubika

NEW YORK–(BUSINESS WIRE)–Moove IT and December Labs, leading custom software and development providers with 26 years of combined expertise, today announced their merger to become Qubika, a global leader in digital transformation for enterprises.

This is an important, exciting, and timely strategic move for our two companies,” said Ariel Ludueña Karhs, CEO of Moove IT. “Our merger comes at a critical moment when customers are increasingly seeking trustworthy and innovative technology partners to drive effective digital transformation. With the experienced teams at Moove IT and December Labs working together, we will be able to provide an even wider range of service offerings to clients globally.”

Moove IT and December Labs will transition into a single enterprise effective immediately. Qubika, which will be privately held, will be headquartered in Texas, with service delivery from a network of locations in the United States and Latin America. Each company has regularly received strong ratings for its work quality and culture, evidenced by Moove IT achieving a phenomenal Net Promoter Score (NPS) over 80 and both companies’ regular recognition in the “Great Place to Work” awards, including December Labs achieving third place and best among software companies in 2023 for Uruguay.

The team at December Labs has become known for delivering consistent, high-quality services to customers globally,” said Martin Palatnik, CEO of December Labs. “By combining with Moove IT, we are thrilled to offer our customers new and innovative solutions. Our best-in-class talent is excited by the opportunity to continue to address some of our clients’ most significant business problems and opportunities.”

RECOGNIZE, a technology services investment platform, orchestrated the merger in close collaboration with the leadership teams of both companies. The companies individually have deep experience serving high growth and enterprise clients including Pluralsight, Unilever, Shopify, ONE, Google, and Nest. In joining the customer bases and expertise of Moove IT and December Labs, Qubika will be equipped to design, develop, and deploy key service lines of custom software engineering, data, analytics, UX/UI research, and cloud services.

We are increasingly seeing enterprises including nearshore providers in their service mix for mission-critical and high-value digital engineering work,” said Charles Phillips, co-founder and managing partner at RECOGNIZE. “Moove IT and December Labs have distinguished themselves as competitive, high-quality service providers with some of the best NPS scores and lowest attrition rates we have seen in the industry. We’re excited to bring these teams together to create the leading next-generation provider of digital transformation for enterprises in the United States.”

As part of the transaction, Phillips, former CEO of Infor and president of Oracle, will join the Board of Directors, and fellow Recognize Co-Founder and Managing Partner Frank D’Souza, former CEO of Cognizant, will join as a Board observer to provide additional support to the business. Alongside them, Gabriel Rozman, former President of Tata Consultancy Iberoamerica, and Andrew Burgert, former Managing Director at Globant and Managing Partner of Alten Capital, will be joining as advisors to help provide strategic guidance and support for the next phase of growth.

About Recognize: Recognize is a technology investment platform exclusively focused on the technology services industry. The firm provides operational expertise, industry insights and strategic capital to innovative companies in this sector. To learn more, visit www.recognize.com.

About Qubika: Qubika is a leading digital engineering provider with deep expertise in design led software development, UI / UX and data services. The business has its headquarters in Texas, with delivery centers across the United States, Uruguay and Colombia. The business serves a range of industries, focused in difficult and consultative opportunities, but has a particular focus in the Healthcare and Fintech segments. A full brand launch, including the website will occur in the next several months. In the meantime, please refer to Moove-it.com and Decemberlabs.com for any inquiries.

Contacts

Shawn Pride

Innovate@Recognize.com

spot_img
RELATED ARTICLES
spot_img
spot_img
spot_img

Caribbean News

ILO – Suriname’s discusses just transition progress

PARAMARIBO, Suriname, (ILO News) - Advancements towards strengthening entrepreneurship, formalization and a just transition for the benefit of workers and businesses in Suriname was...

Global News

G20 economies should target reforms to boost medium-term growth prospects

By Paula Beltran Saavedra, Nicolas Fernandez-Arias, Chanpheng Fizzarotti, and Alberto Musso For most Group of Twenty economies, growth is poised to weaken over the next five years...