Tuesday, August 18, 2015

Totvs Announces Purchase of Bematech

The information technology company offered $ 467,4 million of cash and r $ 82,5 million in stock to buy 100% of Bematech S.a., specializes in retail automation. With the acquisition, Totvs strengthens company's offerings with oriented technologies in the sectors of retail, food service and hospitality. In addition, adds hardware components to the provider's portfolio. The expectation is that the Union of the two companies, in which Bematech will become a wholly owned subsidiary of the Company, to be completed by October
Gironews News Item translated automatically
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