GITP Ventures

XQuire acquisition highlights Colombia’ growing appeal for global tech developers

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XQuire acquisition highlights Colombia’ growing appeal for global tech developers

This is an excerpt from Colombia Reports. Read the full article here.

The acquisition of Medellin-based tech startup XQuire, a GITP Ventures company, reveals Colombia’s slowly growing popularity as a hub for technological development on an international scale.

The purchase of XQuire by international private equity firm Blue Loop Capital marks one of the most significant acquisitions ever in Colombia’s technology sector, which sees less than a handful of business deals sealed every year, and says a lot about the country’s increased recognition as a pool of talent for developers and the birthplace of products with an international appeal.

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