Mexico City-based Umvel employs around 140 people and provides digital product development and design services for companies such as Viva Aerobus, Cinemex and Bone Marrow.
We've signed a definitive agreement to acquire UMVEL, a digital design and engineering firm based in Mexico, progressing our strategy to become a preferred partner for digital design & innovation. https://t.co/UFQIrD4MLq pic.twitter.com/uavzf3N51y
— NTT DATA Services (@NTTDATAServices) September 27, 2022
Umvel will soon be combined with NTT Data’s subsidiaries involved in digital design and engineering, such as Nexient, Vectorform and Postlight, stated NTT Data in a press release.
“Our talented team of digital design experts deliver end-to-end capabilities to help our clients excel in the digital economy,” said Frank van de Ven, Chief Strategy Officer at Umvel.
“By joining forces with a global brand, we can help make a bigger impact for our clients and an equally exciting opportunity for our team,” he added.
NTT Data is not new to Mexico, nor is it a stranger to the Latin American market. It has operations in more than a dozen countries across the region, including Chile, Argentina, Colombia, Peru and Brazil.
The Japanese firm got access to the Mexican market in 2013 when it purchased a majority stake in Madrid-based Everis, which has a significant presence in the region, particularly Mexico.
Its biggest expansion, however, came in 2016, when it acquired Dell’s services unit for around US$3 billion.
Over the past couple of years, NTT Data appears to have accelerated its hunt for Latin American tech talent. Earlier this year, it installed a mega innovation center in the Brazilian city of Recife, offering to train 22,000 Brazilians in developing tech solutions.