US Nearshore Expansion

Deals/Contracts/Partnerships

EIIR Provider Solutions/Capabalities

  • 1

    Perficient announced the acquisition of Izmul S.A. and its subsidiaries (collectively, “Overactive”), an approximately $40 million revenue, 700 employees nearshore software development firm based in Montevideo, Uruguay. This acquisition expands Perficient’s presence in Latin America, adding nearshore software development locations in Colombia, Argentina, Uruguay, and Chile.

    Q4, 2021

  • 2

    Softtek Announces Expansion of Digital Capabilities with Global Reach in Colombia

    Q4, 2021

  • 3

    Infosys will establish a new digital development centre in Canada. This is aimed at creating 500 high quality jobs in the Toronto region over the next three years.

    Q3(Jul-Aug-Sep), 2021

  • 4

    Xoriant Establishes Engineering and Support Operations in Mexico

    Q3(Jul-Aug-Sep), 2021

  • 5

    CSS Corp Strengthens Presence in Latin America with Launch of a New Delivery Center in Colombia

    Q3(Jul-Aug-Sep), 2021

  • 6

    CSS Corp to Open 100 Jobs Positions in Costa Rica for Enterprise Tech Support.

    Q4(Oct-Nov-Dec), 2020

  • 7

    3Pillar Global acquires Arizona-based Tiempo Development. With three digital delivery centers across Mexico, the acquisition of Tiempo augments 3Pillar’s global footprint. 3Pillar’s newly expanded global workforce will now exceed 1,600 team members including 400 from Tiempo across 5 countries.

    Q4(Oct-Nov-Dec), 2020

EIIR Buyer GIC/R&D Best Practices/Solutions

  • 1

    Intel Costa Rica increases investment to $600 million and triples the number of announced jobs

    Q3(Jul-Aug-Sep), 2021

  • 2

    A new R&D center is to be commissioned by Continental in Querétaro, Mexico this year. This will focus primarily on electronic systems relating to solutions for autonomous driving in the future. It already has 160 engineers working there. That number is planned to rise to more than 1,000 in four years.

    Q1(Jan-feb-Mar), 2021

  • 3

    Intel is another example with an investment of $350 million in Costa Rica to revamp testing and assembly operations.

    Q4(Oct-Nov-Dec), 2020

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