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0.0360854503464203 0.0360854503464203 0.0360854503464203 0.0360854503464203 0.0155889145496536 0.0158775981524251 0.0161662817551964 0.0161662817551964
Stock impact report

RKTech Invests in Entropy, Unlocking Access to Two Million LATAM Technology Professionals [Yahoo! Finance]

SUMITOMO CORP S/ADR (SSUMY) 
NASDAQ:AMEX Investor Relations: sumitomocorp.co.jp/en/ir
Company Research Source: Yahoo! Finance
IT services firm with a strong presence across seven countries in Latin America and Europe. This marks RKTech's first investment in a U.S. firm since receiving strategic backing from Sumitomo - one of the biggest Japanese conglomerates. The investment expands RKTech's global delivery capabilities and unlocks direct access to Latin America's deep and growing technology talent market. Latin America has emerged as a preferred nearshore destination for U.S. businesses due to its strong time zone alignment and cultural proximity, enabling faster and more effective collaboration. As a result, this partnership advances RKTech's Best Shore Initiative - a hybrid delivery model combining onshore expertise, nearshore agility, and offshore scale. By integrating Entropy's nearshore teams with their offshore operations, RKTech strengthens communication, facilitates continuous delivery cycles, and improves development speed. This ability to deliver cost efficiency, speed, and scale has becom Show less Read more
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