Benzinga | Feb 10, 2021 11:29AM EST

WPP Acquires Brazilian Digital Software Company DTI Digital For Undisclosed Sum

* WPP Plc (NYSE: WPP) acquired Brazilian digital software engineering company DTI Digital to consolidate its capabilities in its clients' end-to-end digital transformation objectives in Brazil and beyond through expanding its ad tech and systems integrations capabilities.

* DTI will gain from WPP's global network and relationships with its partners and clients.

* DTI's digital solutions help clients get digitalized and connected to their customers, including back-office support systems development. Based on agile methodology and design thinking, its proprietary approach enables in scaling up of its development teams.

* The financial terms of the acquisition remain undisclosed.

* Price action: WPP shares are down 0.02% at $56.55 on the last check Wednesday.