CIMdata PLM Industry Summary Online Archive
16 March 2009
Company News
BlueCielo Exercises Option to Up Stake in Brazilian Organization
BlueCielo ECM Solutions announced that it has acquired a further two percent of BlueCielo do Brasil Soluções de Gerenciamento Ltda (formerly called PONTODOC), a company specializing in the implementation of ECM solutions based in Santo André, São Paulo, Brazil, making it BlueCielo do Brasil’s majority shareholder with a total stake of 51 percent.
BlueCielo ECM Solutions first acquired 49 percent of the Brazilian organization in December 2008, which was BlueCielo’s first move towards forming a strong, operational infrastructure in Brazil and the rest of Latin America, where it has a broad customer base including key players in the energy, oil and gas, and discrete and process manufacturing industries.
In another strategic maneuver in January 2009, BlueCielo ECM Solutions further strengthened its Latin American operations by acquiring all BlueCielo-related activity of the company’s Brazilian distributor SKA Automacão de Engenharias Ltda and its largest Brazilian reseller GAMA – Soluções em Gerenciamento Electrônico de Documentos Ltda, both based in São Leopoldo, Brazil. These were subsequently incorporated into BlueCielo do Brasil.
BlueCielo ECM Solutions has options to acquire the remaining 49 percent in BlueCielo do Brasil over the next two years.
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