Reuters: Technology News
Brazil's Totvs to buy rival Bematech in retail software push
SAO PAULO (Reuters) - Totvs SA, the largest Latin American producer of enterprise software, agreed on Friday to buy Brazilian rival Bematech SA for about 556 million reais ($156 million) in cash and stock, creating a company whose software will cater to more than half the restaurants, retailers and hotels in the country.
