The company bought Argentina Globant U.S.
With the acquisition of Nextiva, Globant became the first software company in Argentina to buy another U.S.. Globant $ 90 million bill and has three thousand employees.
Globant - Challenge resolved to the best talent 2
As the world collapses, the dollar falls against the Argentine peso and Barack Obama looks increasingly Fernando de la Rua, Argentina a company just announced the purchase of a U.S. company. Epa. Google is, as far as he remembers the first technology company that changes the rules of the game: instead of being bought by a foreign ... it is she who purchase. Globant, the giant software development whose slogan is "We are ready" (We are ready, in English), today announced Nextiva purchase to expand its presence in the U.S. and dive into the world of mobile technology and social. We must say that the objectives of Globant, the software development company's largest region, have always been ambitious: "We want to put Argentina on the map of world development" is one of the phrases often escuchársele Martin Migoya, CEO Globant, during the conversation
Setting the Record dimension Globant close this year with three thousand employees, with a turnover of approximately $ 90 million, while Nextiva is (was) a company based in the Andrew Burgert Silicon Valley has 130 employees and a turnover of 10 million dollars annually. With this acquisition, plans to consolidate its presence Globant between companies as CrowdStar, GNS and the famous Zynga. In eight years, Globant grew at breakneck pace, expanding its offices within the country, Latin America, Europe and USA. In these years, worked for companies such as Google, Electronic Arts, LinkedIn, Dreamworks, Nike, EMC and Coca Cola. "We want to create a multinational Argentina," Migoya starts, and who is willing to deny it.
The purchase of a shudder Nextiva is symbolic for the culture of Argentine entrepreneurs, more accustomed to imagine going out to sell products to the international market rather than thinking them to grow. "When we were studying, professionals had recently received as a main objective to work in a large U.S. company. We want to think about working here, "says Migoya. For the community of entrepreneurs, is a bit Globant the flagship of exponential growth. Founded in 2003 by Migoya, Guibert Englebienne, and Nestor Martin Umaran Nocetti, to dispute a place on the map of India outsourced software development worldwide.
The successful model of global services to large-scale, low cost worked solidly in the early years of Kirchner, where perhaps the first great success story was that he developed the travel site Lastminute.com for England. However, value added and allowed global brand Globant Argentina resist inflation with growth. "That big early lead disappeared. We are more expensive compared to India or Chile. The software industry survives because it is innovative, particularly Globant is a great example of that. We would not have survived had it not been for innovation. Obviously the logical tensions suffer a stable dollar and inflation is high, "says Migoya. Umaran For Martin, COO of the company, this production model emerged in 2002 no longer exists: "Ours is about providing more value to customers. If it was only a matter of wages does not exist Globant time. "
Globant is of congratulations not only for the purchase of Nextiva, having received an injection of foreign capital at year end and be preparing its exit to the Nasdaq, but also celebrates the change in the law of software that will significantly improve revenue exporting companies. The question is: what did Globant a successful company? Migoya is to "create a culture of motivational work, to encourage autonomy, creating entire teams of people where the goal, besides making money, is doing something that can not cease to exist," he says. One of the bets Globant is the distribution of the company at the federal level, to work on the motivations of developers. "We've been to Chaco Dreamworks, for instance, local programmers and can not believe it," he says.
The other is the cultural aspect of this country: "The Argentine entrepreneurs have a very innovative, are challenges in everything they see, and Americans love entrepreneurs who will challenge our engineers and all the time," says Migoya. However, the impact of what is being generated in the long run is immeasurable: "We're training people who are at the technological level of Google, we hope that once large projects out of here," discusses Migoya. "We're trying to expand our vision to a Latin American dimension, trying to convey these ideas," says Umar.
With innovation as a permanent stimulus and the revolution of mobile technology to door Globant prepares for the jumps that come from now on. "We're going through a stage of penetration of new technologies smartphones in all walks of life," says Andrew Burgert Página/12, Nextiva.
- Are the connections prepared to resist growth?
Andrew Burgert:-The mobile moves in three dimensions: processing, connectivity and ability to save material. The level of the processor is excellent and the capacity is good. The network is developing 4G LTE network is a leap of street connectivity that will allow video conferencing.
For Martin Migoya, Argentina is in a stage of exponential growth in connectivity. "Argentina programs are up and up Equality spectacular. When we have what you are doing outside the Argentine government can not believe it. It is the largest project of its kind and we can still see the effect. That infinitely democratization worldwide, "he says. Analysis of Globant managers is that the amount of workers available in the market for developers doubled in three years. "And this has a positive effect on the ecosystem, beyond the joint. At the end of the day we have trained people in the market. And any company that provides opportunities and geographic distributions will be positive for everyone. "
Several years ago, Globant is preparing to leave the stock market in the United States. "But out of the bag is not an end in itself, is a means to finance a cheaper way to change the reputation of the company, employee relations, but the goal is not to go to Globant Bag because, "Marin said Umar, who puts MercadoLibre.com among his role models. Palo and bag: Migoya reappears again with modest goals. "We want to be the leading software products for our customers worldwide," he says. And Brazil? "Ah, Brazil ... Migoya says, we love going on vacation. Maybe ever buy something there. "