10Pearls to acquire Proximity.

10Pearls, an end-to-end technology product innovation and digital acceleration company, agreed to acquire Proximity, a nearshore software development company based in Costa Rica. Financial terms were not disclosed. "Proximity's addition gives us a tremendous edge in providing top quality, scalable development services from a nearshore location. The wave of digital transformation that has come in the wake of the pandemic has caused organizations to struggle with technical talent and building high-velocity teams. Given these unpredictable times, businesses are leaning on technology partners to tap into diverse talent, cultural alignment, and similar time zones to accelerate digital transformation. This acquisition increases our ability to put additional teams in place to evolve products and services that address the new realities we are living," Imran Aftab, 10Pearls CEO.