Over nine years, Globant has been building one of the stronger and more reputable IT companies in South America. It’s no easy feat to build innovative software products for a global audience, but Globant seems to have hit the right note with its combination of open source and proprietary software, which have allowed it to become one of the go-to IT outsourcing firms for multinational… → Read More
Globant, an Argentinian software development, IT services and maintenance outsourcing giant has acquired Nextive, a San Francisco-based mobile and social technologies company that works for clients like Zynga, Crowdstar and GSN.
Financial terms of the acquisition were not disclosed. → Read More
Globant, an Argentinian software development, IT services and maintenance outsourcing giant has landed $15 million in financing from PE firm Riverwood Capital and FTV Capital.
The funding is meant to further Globant’s growth and to support its acquisition plan throughout Latin America and the United States. → Read More
The third quarter IPO market is like looking at a Rorshach test: You can find data to support that liquidity is getting better or data to support that it’s getting worse.
Here’s the reality check: There is an increase in deals– a big increase if you look at the first nine months of the year and compare it to the first nine months of 2009. And the pipeline is building: 67 new companies entered… → Read More
There tend to be two types of emerging market tech success stories that get ink, venture capital and revenues from the U.S. The first is the so-called “copycat,” most prevalent amid Chinese Internet companies. The other type are the IT outsourcing firms that multinationals hire to handle anything from annoyingly menial to overly-complex techy projects. These companies built much of India’s… → Read More
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