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Technology / AI and automation

CSC acquires IT services firm VIXIA

CSC has acquired VIXIA Consultoria e Tecnologia, a Sao Paulo-based IT services firm focused on providing core operational software, business consulting and systems integration services to insurance, reinsurance and financial institutions in Brazil.

Through this acquisition, CSC expects to strengthen its presence in Latin America.

The combination of CSC and VIXIA will offer the Latin American market a global portfolio of financial services-specific applications and services, along with local market and service delivery expertise.

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CSC said that the acquisition advances its position to support the expansion objectives of its multinational clients, and its position to pursue and win new business in the emerging financial services market.

CSC financial services group president Ray August said they welcome VIXIA to their team of nearly 91,000 professionals from around the globe.

"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," August said.

This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.