Business: Totvs defines acquisition priorities

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Info. Technology News - Tuesday, February 9, 2010

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Free Content of the day

* Totvs defines acquisition priorities - Brazil, Regional

Brazilian software development group Totvs (Bovespa: TOTS3) has decided to prioritize the domestic market in its continuing acquisition hunt, the company's executive VP José Rogério Luiz told a conference call.

Luiz noted that there are more than 6,400 active software companies in the Brazilian market.

"This creates the possibility for us - and also other players - to acquire other assets that can help us to grow," he said. "In this aspect, we've been working on some transactions."

Totvs' acq ... more
http://www.bnamericas.com/news/technology/Totvs_defines_acquisition_priorities/173484206

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* Ramón van ZantenIndustry standard servers director for multi-country Latin America - HP<p><em>In January, HP and Microsoft announced a global solution integration agreement worth US$250mn. The accord covers a range of products from hardware to business applications, as well as managemen... more

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