Globo plc
 | |
| Company type | Public |
|---|---|
| GBO.LN | |
| ISIN | GB00B282VW04 |
| Industry | Enterprise mobility management Mobile application development |
| Founded | 1997 |
| Founder | Costis Papadimitrakopoulos |
| Fate | Dissolved January 2017. |
| Headquarters | London , United Kingdom |
| Products | GO!Enterprise |
| Revenue | $121 million |
| $43 million | |
| $40 million | |
Number of employees | 470 |
| Website | Globo |
GLOBO plc was a company that provided enterprise mobility management (EMM) and mobile application development (MADP) software and services.[1] Globo was listed on the London Stock Exchange's AIM market (GBO: LN) Archived 2014-11-20 at the Wayback Machine"Share price information". Archived from the original on 2 February 2015. Retrieved 27 January 2015. Globo acquired Notify Technology[2] in October 2013, adding Mobile Device Management (MDM) capabilities to its EMM product offering and expanding its operations in the USA.[3] In June 2014, Globo acquired Sourcebits, a designer and developer of apps.[4]
On 23 October 2015, trading in Globo shares was suspended. On 26 October, CEO Konstantinos Papadimitrakopoulos and CFO Dimitris Gryparis resigned, having informed the board of directors about "certain matters regarding the falsification of data and misrepresentation of the company's financial situation". Globo stated that they would appoint an independent forensic accounting team to investigate allegations raised by Quintessential Capital Management, an American hedge fund. According to an official announcement of the Company on 26 October 2015, "Mr. Papadimitrakopoulos advised the Company that up to 22 October 2015 he has sold 42,049,655 shares of GLOBO plc". The company was dissolved in January 2017.[5][6]
References
- ^ Madden, Jack (21 March 2014). "Globo GO!Enterprise is bringing together mobile apps, MDM, and an app-development platform. Could this be their ticket to the big time?". Brianmadden. Retrieved 27 January 2015.
- ^ Gwinnett, Giles (8 October 2014). "Globo's Notify acquisition bolsters its Go!Enterprise technology". proactive investors USA & Canada. Retrieved 27 January 2015.
- ^ Xavier, Jon (12 May 2014). "Globo to move headquarters to Silicon Valley from Greece in bid for U.S. market (and better weather)". Silicon Valley Business Journal. Retrieved 27 January 2015.
- ^ Shieber, Jonathan. "Globo Buys Sourcebits In Push For U.S. Mobile App Development Market". Tech Crunch. Retrieved 27 January 2015.
- ^ "GLOBO PLC overview - Find and update company information - GOV.UK".
- ^ "Investegate |Globo plc Announcements | Globo plc: Director share dealings". www.investegate.co.uk. Retrieved 2021-11-25.