Brazil's Memora acquires peer Oraex

Wednesday 7 April 2021 | 20:23 CET | News
Brazilian IT supplier for the public sector Memora has acquired Oraex, an IT company that operates in the private sector. Although the value of the transaction was not disclosed, based on the negotiations, Memora estimates a global turnover of BRL 100 million by 2021, reports Telesintese. Oraex has expertise in technology infrastructure and cloud computing, and its customer portfolio includes Magalu, Getnet, Santander and Grupo Ultra.

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Categories: IT
Countries: Brazil
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