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Globant Becomes First Latin America IT Company to IPO at NYSE


Globant launched its initial public offering on Friday at the NYSE under the ticker (GLOB). Globant is a provider of innovative software products and has clients like Google (GOOG) and Zynga (ZNGA). Globant is based in Argentina and is the first Latin American IT company to list at the New York Stock Exchange (ICE). Martin Migoya is the Chairman and CEO of Globant and spoke to TheStreet's Susannah Lee. Migoya says many factors, including the same time zone, makes their company and location favorable for North American companies to work with. He says Globant is a 'pure play on emerging technologies' investors should consider. TheStreet's Susannah Lee reports from the New York Stock Exchange.