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Itautec, Gerbo sign partnership

Bnamericas
Brazilian IT equipment vendor Itautec has signed a joint venture partnership with compatriot IT company Gerbo Tecnologia de Gestao to offer corporate software solutions, the companies said in a statement. The companies will specialize in enterprise resource planning (ERP) software for companies located in the interior of Brazil's richest state, Sao Paulo. ERP software allows companies to better organize and integrate their sales, industrial and administrative departments. Itautec belongs to one of Brazil's largest companies, Itausa, whose largest asset is Brazil's second-largest private bank Itau.

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