Globant announced today the acquisition of Ratio, a leading digital services company specialized on video streaming solutions. With this acquisition, Globant keeps expanding its US footprint and its expertise in the media and entertainment segment while reinforcing its vision of creating innovative software products that appeal to millions of users and allowing clients to transform their businesses.
“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”, stated Martín Migoya, Globant CEO 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”, added Martín Umaran, Globant Chief of Staff and co-founder.
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.
Ratio’s Co-Founder and CEO Nate Thompson said: “Ratio is committed to delivering cutting-edge experiences across the myriad platforms and devices of today’s consumer. Joining forces with Globant will help Ratio to better serve our customers, and also allow us to leverage our deep media experience internationally as digital media consumption continues to grow at staggering rates. We are honored to be joining Globant as we believe they place the same value on digital innovation and transformation as Ratio, while also sharing the same cultural values in growing a great company and building great teams.”
Russ Whitman, Ratio’s Co-Founder and CTO, added: “Globant is a leader in helping companies transform in this digital age, the opportunity to be a part of that movement on a global scale is both unique and empowering. Ratio is an amazing team that creates digital experiences at the intersection of art and technology, we are excited to join Globant in our pursuit of making the now and next”. Paul Kim, Ratio’s Co-Founder, concluded: “Creating meaningful experience, with and for people, has always been at the core of Ratio’s culture and brand. Joining forces with Globant creates more opportunity for our people and will give Ratio the scale it needs to create digital journeys that truly matter to the world. Excited for the possibilities!”