IBM Acquires Brazilian SMB Services Firm

SÃO PAULO, BRAZIL -- (MARKET WIRE) -- Sep 06, 2006 -- IBM (NYSE: IBM) has fully acquired Global Value Solutions SA, a Brazilian IT services provider serving the small and medium business market.

Since 2001, GVS has been a joint venture by IBM and Fiat, with each company holding a 50-percent stake. With this agreement, IBM acquires Fiat's stake in the company as part of IBM's plan to grow and strengthen its presence in the Brazilian IT services market for SMB companies.

"IBM is already the largest IT and business consulting services provider in Brazil, and adding GVS capabilities helps us continue our expansion in the growing SMB market," said Rogério Oliveira, president of IBM Brazil. IBM employs about 9,000 people in Brazil, with roughly half of them in services.

GVS is headquartered in Nova Lima, in the metropolitan region of Belo Horizonte. It is one of the five largest companies in the state of Minas Gerais, with about 400 employees in five locations. It provides system integration and other IT services to clients in the automotive, automobile parts, metallurgy, finance, services and telecommunications industries.

"Our full affiliation with IBM will allow GVS to expand rapidly in Brazil's SMB market," said Octavis Augustus, general manager for GVS. "We will continue to focus on developing new offerings and solutions for this important client segment."

About Global Value Solutions

Global Value Solutions counts FIAT Group, Grand Sapore, Engevox, Fábio Perini and Grampos Aço among its clients. The company's portfolio of services and offerings includes services of hosting/co-location, applications management and software development, ERP consulting and application, network management, security management, on demand printing, business continuity and recovery services, service desk, IT consulting, workstation support (PCs, notebooks and thin clients) and industrial solutions (CAD, CAE, CAM, traceability, RFID and PLM).

About IBM

For more information about IBM, go to: www.ibm.com

Press Contact:
Jay Cadmus
914-642-6219

Email Contact





Review Article Be the first to review this article
HP

Autodesk - DelCAM

Featured Video
Jobs
CAD Systems Administrator for KLA-Tencor at Milpitas, CA
Senior Mechanical Engineer for Verb Surgical at Mountain View, CA
Principal Research Mechatronics Engineer for Verb Surgical at Mountain View, CA
Lead Geospatial Analyst for Alion at McLean, VA
Industrial Designer Intern – Spring 2017 for Nvidia at Santa Clara, CA
Upcoming Events
PI APPAREL Hong Kong 2017 at SHANGRI-LA KOWLOON 64 Mody Road Tsim Sha Tsui East Kowloon Hong Kong - Apr 5 - 6, 2017
SOLIDWORKS intro and hands on session – Slough at Baylis House, Slough, Berkshire, SL1 3PB Slough United Kingdom - Apr 7, 2017
PMTS 2017 at Greater Columbus Convention Center Exhibit Halls E, F, & D 400 North High St. Columbus OH - Apr 25 - 27, 2017
Engineer 3D! Training + Technology Conference at Hyatt Regency Milwaukee 333 West Kilbourn Avenue Milwaukee WI - Apr 25 - 26, 2017
SolidCAM: Patented Wizard to optimal feeds & speeds
MasterCAM



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise