NTT DATA, a digital business and IT services leader, announced it has signed a definitive agreement to acquire Umvel, a digital design and engineering firm. Headquartered in Mexico City, Umvel provides high-end design and digital product development services and brings a strong culture of talented and in-demand designers and engineers.
“We are committed to bringing the best and brightest talent to our clients,”
“Our intent to acquire Umvel supports NTT DATA’s strategy to be the preferred digital innovation partner in the market. Growing our Mexico-based team expands our ability to deliver digital engineering services to our clients in Mexico and enhances our digital product motions from ideation through launch across all of North America.”
Wayne Busch, Group President, Consulting and Digital Transformation, NTT DATA Services.
After the deal is completed, Umvel will expand on NTT DATA’s successful purchases of Nexient, Vectorform, and Postlight in the field of digital design and engineering. The NTT DATA team will grow to more than 140 people.
“Joining the NTT DATA family of companies is a recognition of the excellence in digital product development we have strived for since our inception,”
“We are very excited to join NTT DATA and work together to continue creating a best-in-class work culture that the most ambitious digital talent aspires to be part of.”
Jaime Reixach Arias, Chief Executive Officer, Umvel.
“Our talented team of digital design experts delivers end-to-end capabilities to help our clients excel in the digital economy,”
“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.”
Frank van de Ven, Chief Strategy Officer, Umvel.
Access to NTT DATA’s innovation powerhouse, which includes a $3.6 billion average annual R&D investment and a workforce of 5,000 research specialists worldwide, will be advantageous for Umvel clients and workers. NTT DATA recently announced the opening of 6 innovation centers throughout the world, including an Innovation Studio in Plano, Texas, to focus on bringing cutting-edge technology to clients.