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Announced

Completed

10Pearls completed the acquisition of Oiga Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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tech product development

Single Bidder

Colombia

Private

Software

software service

Completed

Cross Border

Majority

Friendly

Acquisition

Synopsis

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10Pearls, a digital transformation company, completed the acquisition of Oiga Technologies, a high-tech product development company based in Colombia specializing in artificial intelligence, machine learning, big data, and blockchain. Financial terms were not disclosed. "We are delighted to welcome Oiga Technologies to our team at 10Pearls. We share a vision of leveraging advanced software technologies to disrupt the economics of innovation and increase competitiveness for our clients globally. Above all, both companies are aligned with values of creating a positive impact and making a difference in the world,” Imran Aftab, 10Pearls CEO.

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