Callstack vs Globant

Apex Is Now Generally Available: Agentic Coding Model for Mobile and Web, Specialized in React

Apex is now publicly available. Built by Callstack, it brings React Native expertise to feature development, code reviews, debugging, and testing, with strong performance on Next.js tasks too.

Callstack Acquires Margelo for Over $20M

Polish software company Callstack is acquiring Vienna-based engineering firm Margelo in a deal valuing the latter at more than €20 million. Both companies specialize in React Native, a cross-platform framework for building mobile apps. Margelo is known for its open-source libraries (VisionCamera, react-native-mmkv, Nitro Modules) and contract development for clients like Discord, Coinbase, and Expensify. Callstack, founded in 2016, employs over 200 people and serves enterprise clients. The acquisition aims to expand Callstack's technology portfolio and support international growth. Founder Marc Rousavy will stay on and retain a significant stake. The deal follows a recent growth investment from Viking Global Investors that valued Callstack at around €120 million.

• Callstack is acquiring Margelo for a valuation exceeding €20 million.
• Margelo is known for open-source React Native libraries with over 420 million total npm downloads.
• Marc Rousavy will remain with the combined company as a significant shareholder.

Polish Callstack Acquires Vienna-Based React Native Firm Margelo

Polish software consultancy Callstack has acquired Vienna-based engineering firm Margelo in a transaction valuing Margelo at more than €20 million. Margelo is known for open-source React Native libraries such as Nitro Modules, VisionCamera, and react-native-mmkv, and lists Discord, Coinbase, Expensify, and VSCO as clients. Callstack, founded in 2016 in Wrocław, employs more than 200 people and serves over 100 enterprise customers. Margelo founder Marc Rousavy will remain on board and continue developing the libraries. The companies say AI is shifting software development toward architecture, performance, and secure releases. Callstack previously received a growth investment from Viking Global Investors in summer 2025, which valued the company at roughly €120 million. No closing date or regulatory approval details were disclosed.

• Callstack is acquiring Margelo, valuing the Vienna-based firm at over €20 million.
• Margelo's open-source libraries include Nitro Modules, VisionCamera, and react-native-mmkv.
• Margelo has about 39 senior developers and lists Discord, Coinbase, Expensify, and VSCO as clients.

6-K Financial Filing Analysis for Globant (2026-08-13)

On August 13, 2026, Globant S.A. submitted a Form 6-K announcing two key corporate developments: the release of its Q2 2026 financial results (furnished as Exhibit 99.1) and the executive appointment of Sarabdeep Narang as Chief Executive Officer of Glob. AI, effective August 18, 2026. Mr. Narang joins Globant from ServiceNow, where he served as Vice President of Central Product Management, following leadership positions at Amazon Web Services (AWS) as General Manager and Global Head of Generative AI and Machine Learning GTM. The leadership appointment reflects Globant's commitment to scaling its AI unit, Glob. AI, and integrating enterprise-grade generative AI technologies into its client delivery model.

• Sarabdeep Narang was appointed Chief Executive Officer of Glob. AI, effective August 18, 2026.
• Mr. Narang previously served as VP of Central Product Management at ServiceNow and Global Head of Generative AI and Machine Learning GTM at AWS.
• Globant furnished its Q2 2026 financial results press release via Exhibit 99.1, confirming no goodwill or intangible impairments were recognized for the period ended June 30, 2026.

6-K Financial Filing Analysis for Globant (2026-08-20)

On August 20, 2026, Globant S.A. announced the appointment of Fernando Matzkin as Chief Operating Officer (COO). Mr. Matzkin has been with Globant since 2009, previously serving as Chief Revenue Officer since July 2025. Over his 17-year tenure, he has held several key regional leadership roles, including Chief Business Officer and General Manager for Europe, Chief Business Officer for North America, and General Manager for the U.S. East Region. The appointment reflects internal succession and organizational continuity to support Globant's global operational scaling.

• Fernando Matzkin was appointed Chief Operating Officer of Globant S.A. effective August 20, 2026.
• Matzkin has been with Globant since 2009, serving as Chief Revenue Officer (July 2025–August 2026), CBO & GM for Europe (2022–2025), and CBO for North America (2020–2022).

TCI Entertainment and Globant Sign Interactive Commerce Agreement

TCI Entertainment, a technology company developing a platform that integrates commerce with gaming and virtual environments, has signed a Master Services Agreement (MSA) with Globant, a global technology company listed on the NYSE. The MSA establishes a framework for development initiatives as TCI advances its patented interactive commerce technology toward broader platform development and commercialization. Globant, with over 27,400 employees and annual revenue of approximately $2.5 billion, will provide capabilities in software engineering, AI, gaming, and digital commerce. TCI's intellectual property portfolio includes issued US patents for key elements of its technology. TCI collaborated with Greenberg Traurig to strengthen the agreement and protect its patents and trade secrets. The partnership aims to create new opportunities for consumers, game developers, brands, and retailers.

• TCI Entertainment signed a Master Services Agreement with Globant on September 16, 2026.
• Globant has more than 27,400 employees across 30+ countries and reported approximately $2.5 billion in trailing twelve-month revenue as of Q2 2026.
• TCI's technology is designed to integrate commerce into games and virtual environments.