Argentina’s Globant Continues to Expand US Footprint with Acquisition of Ratio
San Francisco – March 1, 2017 – Digitally native technology services company Globant, led by Argentinean Endeavor Entrepreneurs Guibert Englebienne, Martín Migoya, Martín Umaran, and Néstor Nocetti, announced the strategic acquisition of Ratio, a leading digital services company specialized in on video streaming solutions. With this acquisition — Globant’s second in the US — Globant expands its US footprint and expertise in the media and entertainment segment.
“Ratio recognizes the importance of delivering meaningful experiences for the clients’ end users and shares our passion for creativity, innovation and design. Ratio’s professionals have built outstanding OTT products for some of the world’s leading media companies of these days,” stated Martín Migoya, Globant CEO and co-founder. “The company’s unique focus on innovative digital services and their one-of-a-kind software platform are clear differentiators. We are confident that this acquisition will strengthen Globant’s goal of becoming the best partner in developing profound digital transformations.”
Founded in 2001, Ratio is headquartered in Seattle, WA. The company’s team is composed of 45 professionals working for renowned brands including Alaska Airlines, Microsoft, iHeartMedia and Yahoo!. The Ratio team delivers cutting-edge experiences across Web, iOS, Android, Windows, AppleTV, AndroidTV, FireTV, Xbox, Roku, Playstation, Samsung and LG SmartTVs. Through its platform RTV and custom media experiences Ratio has powered billions of views and listens across these platforms.
“By incorporating Ratio’s team to Globant, together with the acquisition of Seattle-based L4 late last year, we continue building a global organization with some of the best talent in the world. On top of that, we keep expanding our US footprint to be even closer to our customers,” added Martín Umaran, Globant Chief of Staff and co-founder. “Ratio will help us increase the depth of our expertise in the ever growing Media & Entertainment industry. We are thrilled to have them on board.”
Founded in 2003, Globant was envisioned from the start as a business that could generate world-class career opportunities for IT professionals while showcasing Latin American talent. Globant has become one of the fastest growing software solutions companies in Latin America, providing clients worldwide with solutions that are design-minded, scalable and efficient. The entrepreneurs have put Argentina on the radar of the global marketplace for offshore IT services, with a portfolio of clients that include Google, LinkedIn, Sabre and Electronic Arts.
The entrepreneurs were selected into the Endeavor network in 2005 with just 120 employees, and have now grown to employ over 3,000 people across 15 countries with the help of Endeavor’s mentorship, strategic guidance and investor connections.
Through the Endeavor network, Globant has already bought Openware, a back-end tech company, enacting the first merger of two Endeavor companies. Endeavor also helped Globant raise financing from US-based venture funds.
In turn, Globant’s entrepreneurs remain active in the Endeavor network, paying it forward to the next generation of high-impact founders. In addition to sitting on Endeavor Argentina’s board, the Entrepreneurs donate time as speakers, panelists, and mentors.
Learn more about Globant’s work with Endeavor here. You can also learn more about the company on Globant’s website.
Read Globant’s announcement of the acquisition on their website by clicking here.