Although headquartered in the United States, Tiempo has deployed most of its staff at its delivery centers in the Mexican cities of Guadalajara, Monterrey, and Hermosillo.

The award was created to recognize entrepreneurs and organizations that innovate and develop technology to solve high-impact problems in Mexico.

Mexican mobile application developer Jaguar Labs has been acquired by U.S. software services firm Tiempo Development, which completed the acquisition to “further bolster its bilingual and bi-cultural software engineering team”.