Capital markets - Ukraine Digital News

Ten years after start in Ukraine, GitLab lands on Nasdaq at $11 billion valuation

October 14, 2021

GitLab, a San Francisco-based software startup founded by Ukrainian entrepreneur Dmitry Zaporozhets and Dutch-born Sid Sijbrandij, made its debut today on the Nasdaq at a valuation of $11 billion. Priced at $77 late Wednesday, the ‘GTLB’ stock opened this Thursday at $94.25, pushing GitLab’s market cap to $13.5 billion, reports CNBC. This is about 58 …

Ten years after start in Ukraine, GitLab lands on Nasdaq at $11 billion valuation Read More

U.S. IT service giant DXC Technology to acquire Luxoft for $2 billion

January 11, 2019

Earlier this week DXC Technology and Luxoft, two major, NYSE-listed IT service providers, announced a definitive agreement for DXC to acquire Luxoft. At $59.00 per share in cash, the deal represents a total equity value of approximately $2 billion, according to the press release. Still subject to customary conditions and regulatory approvals, the transaction is expected to …

U.S. IT service giant DXC Technology to acquire Luxoft for $2 billion Read More

Swiss investor buys stock worth $1 billion in one of Ukraine’s largest IT companies

May 26, 2018

Partners Group, a Swiss investment company, has bought shares in international GlobalLogic, one of the three most profitable Ukrainian tech firms, and one the biggest employers in Ukraine’s tech sector. The Swiss company announced on May 23 it had acquired 48% of GlobalLogic shares, which, given the company’s market capitalization ($2 billion), means the deal cost …

Swiss investor buys stock worth $1 billion in one of Ukraine’s largest IT companies Read More