Antarctica Advisors International Corporation (AAIC), a United States-based banking firm focused on the food industry, is opening a new office in Santiago, Chile. Read More »
Atento, a provider of customer relationship management and business process outsourcing services in Latin America and Spain, said Mario Camara has been appointed country managing director for Brazil. Camara has grown Atento’s business in Brazil for over five years. He previously worked in the banking and financial services business unit of Atento. Read More »
Sao Paulo-based Cielo and Planet Payment Inc. have signed a contract extension regarding their Pay in Your Currency processing agreement that allows transactions in multiple currencies, letting consumers in Brazil pay in their own currency. International travelers can use their Visa or MasterCard for transactions with Brazilian stores and merchants. Read More »
Sumitomo Corp. said last week it will acquire up to 20 percent of Cosan Biomassa S.A., a Sao Paulo-based producer and distributor of sugar cane biomass pellets used for power generation, as part of its plan to invest in biomass fuel manufacturing. Sumitomo is seeking to invest in renewable energy as Japan seeks to reduce gas emissions by 26 percent. Read More »
Aeromexico, Boeing, and Mexico’s Airports and Auxiliary Services recently teamed up to develop sustainable biofuel in Mexico as part of a project supported by Mexico’s Sector Fund for Energy Sustainability. Read More »
PROSA, the largest payment processor in Latin America, and Gemalto, a leader in digital security, are teaming up to bring mobile payments to Mexico."Gemalto is committed to supporting PROSA, a key financial service provider, in effectively equipping a major portion of the Mexican market with mobile payment services," Gemalto President for Latin America Rodrigo Serna said. Read More »
Telecommunications company Millicom, based in Luxembourg, recently said it plans to purchase Paraguay's TV Cable Parana.TV Cable Parana is the leading cable provider in Ciudad del Este, Paraguay's second largest city, and offers a variety of channels for 15,000 subscribers. Millicom offers its services to more than 60 million customers in markets across Latin America and Africa. Read More »
The cloud-based communications company magicJack VocalTec Ltd. plans to launch a new Mexico-based service with Mexico’s Telefonica operator, Movistar. Movistar’s mobile customers will be able to take of advantage of “Call U.S.” The program will give Movistar customers the opportunity to get a U.S. phone number so an unlimited number of calls can be made and received from the U.S. Read More »
Brazil’s TV Bandeirantes recently said it will be expanding its use of Harmonic Inc. infrastructure as it adds the new Harmonic MediaGrid shared storage system and Spectrum MediaCenter server with integrated storage. TV Bandeirantes expects the new systems to enhance its news production capabilities while adding the ability to store footage. Read More »
Citi is looking to sell some of its operations in Argentina, Brazil and Colombia. Read More »
Axtel has merged with Alestra, combining forces and enabling the two companies to better serve government customers, enterprises and households. Read More »
Northwest Pipe Company is rebranding its Mexican facility as North American Pipe Fabricators. The facility is located in Monterrey, Mexico. Read More »
The Legal Alliance of the Americas has expanded into Colombia and Peru. Read More »
MERLIN Enterprise Edition software will soon be in all Kuss Filtration manufacturing plants in Brazil, China and the U.S. The Industrial Internet of Things software will include 43 licenses, which is in addition to the 10 licenses purchased in June. MERLIN Enterprise Edition is owned by MEMEX Inc., and the company is looking to help Kuss leverage the power of this software. Read More »
SBTech will provide two Latin American gambling giants with its award-winning sports betting system, which will be able to operate on multiple channels. Read More »
Mecanica: the 31st annual International Machinery Trade Fair, the largest meeting for the machining an manufacturing industry in Latin America, will be run May 17-21 in the Anhembi Exhibition Pavilion in Sao Paulo. More than 300 companies representing over 1,000 national and international brands are expected to attend the event being organized by Reed Exhibitions Alcantara Machado. Read More »
Carlos Gutierrez, former U.S. Secretary of Commerce and current co-chair of Albright Stonebridge Group, was recently named the first chairman of the board of directors for the U.S.-Cuba Business Council (USCBC). Read More »
A FedEx offer to purchase TNT Express recently received approval from Brazil regulator Conselho Administrativo de Defesa Economica (CADE). The European Union and the U.S. recently gave unconditional approval to the offer. “We are very pleased with the unconditional approval from the Brazilian regulatory authority,” FedEx Express President and CEO David Bronczek said.. Read More »
The National Hispanic Media Coalition (NHMC) said last week it is teaming up with Mexico City-based Televisa, Univision Communications and the National Association of Latino Independent Producers to expand opportunities for the Latino community in the media and technology industries. The partnership will create programs aimed at increasing diversity in media and technology. Read More »
Six Flags Entertainment Corporation said recently it will open a water park in Oaxtepec, Mexico. Located in the Mexican state of Morelos, Hurricane Harbor Oaxtepec water park will be developed on a 67-acre site that has been off limits to the public for many years. The park will feature water slides, rides and attractions for the whole family to enjoy. Read More »
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