NTT DATA Business Solutions AG has acquired Conexos, a provider of trading companies in Brazil.
Conexos serves clients in the retail, trading, logistics, industrial and commodity exchange sectors. Its flagship product is the Global Trade Management software Conexos Cloud, focused on foreign trade management.
“With the acquisition of Conexos, we are fostering our growth ambitions in Brazil,” said Norbert Rotter, CEO of NTT DATA Business Solutions and executive vice president NTT DATA, Inc. “At the same time, we are pursuing our strategy to keep growing successfully in our software products segment.”
The acquisition combines the companies’ offerings. NTT DATA Business Solutions enables the transformation to SAP S/4HANA and offers multiple tax solutions, and Conexos’ GTM software enables efficient and agile control of imports and exports.
“Conexos Cloud has been developed with a focus on speed and flexibility, enabling the management of large volumes of data and processes necessary for a company’s logistics system,” said Conexos Founder and CEO Claudenir Scalzer.
“We have already started our first projects with customers using SAP. The merger with NTT DATA Business Solutions provides us with a significant green field for our products and a valuable opportunity to modernize foreign trade.”