Argentinian IT Company Globant Acquires San Francisco Mobile Co

JonM

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This was interesting.

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.

The news comes a few months after Globant raised $15 million in financing from PE firm Riverwood Capital and FTV Capital.

The deal allows the IT company to expand its services to North America.

Founded in 2008 in San Francisco, Nextive’s 130 employees will move on to lead Globant’s Mobile Studio, adding new practices. The team will be working from their development centers in SF, Buenos Aires and Cordoba.

Globant Acquires Mobile And Social Applications Developer Nextive
 
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