Furthering its expansion into Latin America, Falls Church, Va.-based Computer Sciences Corp. has acquired VIXIA Consultoria e Tecnologia Ltda., a São Paulo-based IT services firm focused on providing core operational software, business consulting and systems integration services to insurance and reinsurance companies in Brazil.
The companies say the combination will meld the global portfolio of financial services-specific applications and services of CSC with the local market and service delivery expertise of VIXIA. CSC says having these local capabilities improves its ability to address the needs of an emerging market, as a growing number of insurance companies and banks in Brazil and across Latin America are seeking to modernize their information technology capabilities. “Expanding our financial services business in high-growth geographies, including Latin America, is a key thrust of our strategy, and the acquisition of VIXIA enhances CSC’s ability to serve both local and multinational clients operating in the region,” said Ray August, president of CSC’s Financial Services Group.
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