With this agreement, Overboost complements its Venture Capital expertise and business strategy with the state-of-the-art technology services and digital solutions, created by Arion's teams, to drive innovative projects in the region.
"The need for digital transformation is something that has been evident to us for some time, which is why Overboost has been working on open innovation programs with corporations for several years," explains Antonio Peña, Managing Partner of Overboost. "The alliance between both companies allows us to focus on providing the best offer to our clients, generating projects and platforms that allow us to accelerate business development and provide them with the scalability they need. We have been looking for a strategic partner in software development and digital products to help both large corporations in their digital transformations, as well as the startups in our portfolio that need consistency in results and help them scale quickly and efficiently," he continued.
As part of this strategic alliance, Overboost has become a minority partner of Arion, while Arion will be the preferred technology partner for the technological developments of its clients. In addition, Arion will become part of the Overboost ecosystem, which has a wide network of clients, ranging from corporations to startups invested by the various support vehicles of the accelerator.
"With 3 offices between Latin America and the United States, Arion has the capacity to provide the scale our clients need. In the past we partners have scaled operations centers to more than 5,000 people and implemented global strategies, so we are convinced that we can develop a great innovation hub in the region," said Martin Bouza CEO of Arion.
In a context where technology plays an increasingly critical role in all aspects of business, companies need to accelerate the development of digital products and solutions to ensure they remain at the competitive forefront. In this sense, the union of Arion and Overboost brings together a set of skills ranging from business strategy, ideation and product development, to software development and technology architecture services, an excellent synergy with a focus on quality results and agility for its customers.
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