The Ministry of Science, Technology and Innovation (MCTI) launched the Strategic Program for Software and IT Services in São Paulo on Monday (Aug. 20). The ‘IT Maior’ program seeks to develop the Information Technology (IT) software and services sector. With investments of approximately R$ 500 million planned for the period 2012-2015, ‘IT Maior’ is structured [...]

The presence of computers in Brazilian households has tripled in the last decade. However, the equipment is still not present in over half of households – the penetration rate is 38.3% on average, of which 30.7% of which are connected to the internet. The information is contained in a survey released today (April 27) by [...]

The Open Group has extended its global reach to include its first office in South America. The Open Group’s new office in Sao Paulo, Brazil and presence in the region will allow IT professionals throughout South America to more easily participate in the consortium’s development of vendor-neutral IT open standards and certification programs.
The Open Group’s [...]

Corvil, a provider of latency management systems for high performance trading and market data, Monday announced that Americas Trading Group (ATG) is using Corvil’s latency management system to monitor the performance of its Latin American ultra-low latency execution platform which delivers seamless access to all major Latin America markets.
ATG offers rapid access to a portfolio [...]

The Brazilian Internet groups Bolsa de Mulher, a multi-platform digital media company for women belonging to Ideiasnet, and e-Midia, the company that holds the properties Vila Mulher, Cyber Cook and Cyber Diet, trend-setters in vertical markets, are to merge their operations.
As a result, the merger, negotiated for four months and announced for October, will position [...]

Midas Medici Group Holdings, Inc., an innovative green IT company in the fields of virtualization, cloud computing and data management, as well as Smart Grid solutions, Friday said its CIMCORP brand has won a $3 million contract from CEMIG, one of the largest electric energy utilities in Brazil, to upgrade its IT infrastructure and data [...]

ExactTarget, a global provider of email marketing and interactive marketing solutions, launched its Latin America division Wednesday, following the acquisition of Brazil-based email marketing provider Frontier Digital.
The new Sao Paulo-based operation makes ExactTarget’s cross-channel marketing platform available in Latin America and directly supports ExactTarget’s multinational clients, including more than 80 enterprises previously served by Frontier [...]

Sodexo announced Wednesday that it has acquired 100% of Puras do Brasil for an enterprise value of approximately €525 million.
Founded 30 years ago, Puras do Brasil is the number two On-site Service solutions operator in Brazil, a fast-growing market. Puras do Brasil has revenues of around €0.5 billion and employs 22,000 persons across the country, [...]

Halliburton Tuesday broke ground at the construction site of its new Technology Center at the Federal University of Rio de Janeiro (UFRJ) Technology Park, located at Ilha do Fundão, Rio de Janeiro, Brazil.
The groundbreaking represents a milestone in the Cooperation Agreement signed in 2010 between Halliburton and the UFRJ for the purpose of providing research [...]

Indra, Spain’s number one technology company and a leader in Europe and Latin America, has reached an agreement to acquire 100% of the shares of Politec, one of the main Brazilian IT companies. With this operation, Indra’s international business will represent 47% of the company’s total sales, up from the current 40%.
Brazil will be Indra’s [...]