In July 2014 Globant became the first Latin American software company to list on the New York Stock Exchange. Four friends had started it in Buenos Aires in 2003, just after Argentina's economic collapse. They saw that the country had skilled engineers who cost less than their American peers and worked in nearby time zones. Globant sold their work to global brands that needed apps, websites and games built well and fast.

Four Founders After the Crash

Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti founded Globant in 2003. Migoya became chief executive. The company pitched itself as more than a cheap outsourcer. It organized engineers and designers into studios focused on areas such as games, mobile and user experience. It hired across Argentina and then in other Latin American countries, putting teams in the same working hours as clients in the United States.

Below the Range, Above It Later

Globant cut its IPO price to $10 a share, below its $11 to $13 range, and sold 5.85 million shares. The stock began trading on the NYSE on July 18, 2014, under the ticker GLOB, and closed its first day at $11.25. The company grew for years through hiring and acquisitions. Growth flattened in 2026, and second-quarter revenue held at $614.4 million. Globant still trades on the NYSE.

Cover: Democritus, the Laughing Philosopher, Spanish. Art Institute of Chicago, public domain. Chosen for a philosopher resting his hand on a globe (Globant).