|By Business Wire||
|December 14, 2012 07:00 AM EST||
glendonTodd Capital LLC (“glendonTodd”), a Dallas based private equity firm today announced the merger of Aztec Systems, Inc. (“Aztec”) and Toutatis Client Services do Brasil, S.A. (“Toutatis”) creating a multinational business process and information technology outsourcing firm with more than 1,000 customers in 13 countries and territories throughout the Americas. The merger is subject to necessary limited partner approvals and is expected to be completed in the first quarter of 2013. Terms of the transaction were not disclosed.
The combined company, to be called Toutatis Aztec Solutions LLC (“TAS”), will be based in Dallas and will offer services including human resources outsourcing, finance and accounting outsourcing, procurement outsourcing, information technology outsourcing, and data hosting services to a growing list of middle market and multinational customers across the Americas.
Aztec, a glendonTodd portfolio company, is a full service information technology outsourcing firm that was recently ranked the 27th largest value added reseller and is a Microsoft® Gold Partner. Headquartered in Dallas, Aztec has six offices across Texas and Oklahoma. Toutatis, a glendonTodd portfolio company, is a full service business process outsourcing firm headquartered in São Paulo and has nine offices in seven countries delivering business process outsourcing services to customers in 12 countries and territories. The merger will create a company with significant market opportunity and scale across the Americas with complementary service offerings. Toutatis gains access to Aztec’s growing base of over 800 customers in the US, and Aztec gains access to Toutatis’ growing base of over 300 customers in Latin America.
Marcelo França, CEO of Toutatis and a founding partner of Performa Partners, will serve as CEO of TAS following the merger. TAS plans to establish a new multilingual shared services center in Dallas staffed with 250 employees to complement the existing centers in Brazil and Mexico. Performa Partners has assisted in the operational and financial changes of Toutatis over the last three years and advised on the merger with Aztec.
“TAS will offer a robust platform of complementary information technology and business process outsourcing services to middle market and multinational companies throughout the Americas. The company has a unique opportunity to capture synergies and market demand by enhancing its scope of product offerings and geographic footprint. Our platform will give customers geographic coverage, international management capabilities and significant operations expertise,” said Todd Furniss, CEO and Managing Partner of glendonTodd.
“Combining Toutatis and Aztec will create a company with significant market opportunity and scale across the Americas with complementary service offerings and operational profiles. The uniqueness of our geographic footprint, deep, local expertise and portfolio of services enables us to provide local and multinational companies with operational capabilities to address the complexity and diversity of these markets which are not easily replicated,” said Marcelo França. “Our relationship with glendonTodd allows us to take advantage of its financial execution ability and industry knowledge.”
About glendonTodd Capital LLC – Based in Dallas, Texas, glendonTodd Capital LLC is a private equity firm that focuses on companies in the technology-enabled business services and financial services sectors and mixed-use, healthcare real estate projects. The firm makes investments in industries and geographies where their principals have significant operating experience, including direct P&L responsibility, strategic decision making, deployment of expansion dollars, and resolution of operating issues. With a global orientation and strong operational background, the firm holds true the belief that investments led by people who have experience in the industries in which they are investing makes a material difference in the quality of the investment outcome. For more information please visit www.glendontodd.com.
About Toutatis Client Services do Brasil, S.A. - Based in São Paulo, Brazil, Toutatis Client Services do Brasil, S.A. creates, implements, and delivers high-performing process-based solutions for blue chip, multinational companies throughout Latin America including finance and accounting, human resources, procurement outsourcing, and software as a service (“SaaS”). The firm has nine offices in seven countries and territories throughout Latin America, giving it the ability to serve international clients who have operations throughout the region, including Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, El Salvador, Honduras, Mexico, Peru, Puerto Rico, and Venezuela. For more information please visit www.toutatisglobal.com.
About Aztec Systems, Inc. - Aztec Systems, Inc. is an information technology outsourcing and business services provider to middle market companies located across the south-central region of the US. Recently ranked 27th in revenue on Bob Scott’s 2012 Top 100 VARS list, Aztec has achieved the highest standards in its industry and has received accreditation as a Microsoft® Gold Partner. Aztec maintains a home office in Carrollton, Texas, with branch offices in Austin, Texas; Dallas, Texas; Tulsa, Oklahoma; and Oklahoma City, Oklahoma. For more information please visit www.Aztecsystems.com.
About Performa Partners – Based in São Paulo, Brazil, Performa Partners is a management consulting services firm that promotes growth and development of middle market companies focusing on critical moments in a company’s business cycle including growth challenges, change management, mergers and acquisitions and restructuring. The firm provides its clients with management leadership and services, develops strategic road maps and implementation plans, and provides tactical implementation services and capital investment. With interactive networks of customers and partners and access to capital resources, real business opportunities are created. For more information please visit www.performapartners.com.
In his session at @ThingsExpo, Tony Shan, Chief Architect at CTS, will explore the synergy of Big Data and IoT. First he will take a closer look at the Internet of Things and Big Data individually, in terms of what, which, why, where, when, who, how and how much. Then he will explore the relationship between IoT and Big Data. Specifically, he will drill down to how the 4Vs aspects intersect with IoT: Volume, Variety, Velocity and Value. In turn, Tony will analyze how the key components of IoT ...
Oct. 6, 2015 08:00 PM EDT Reads: 306
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Oct. 6, 2015 07:45 PM EDT Reads: 337
When it comes to IoT in the enterprise, namely the commercial building and hospitality markets, a benefit not getting the attention it deserves is energy efficiency, and IoT’s direct impact on a cleaner, greener environment when installed in smart buildings. Until now clean technology was offered piecemeal and led with point solutions that require significant systems integration to orchestrate and deploy. There didn't exist a 'top down' approach that can manage and monitor the way a Smart Buildi...
Oct. 6, 2015 05:00 PM EDT Reads: 248
SYS-CON Events announced today that Cloud Raxak has been named “Media & Session Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Raxak Protect automates security compliance across private and public clouds. Using the SaaS tool or managed service, developers can deploy cloud apps quickly, cost-effectively, and without error.
Oct. 6, 2015 04:40 PM EDT
As-a-service models offer huge opportunities, but also complicate security. It may seem that the easiest way to migrate to a new architectural model is to let others, experts in their field, do the work. This has given rise to many as-a-service models throughout the industry and across the entire technology stack, from software to infrastructure. While this has unlocked huge opportunities to accelerate the deployment of new capabilities or increase economic efficiencies within an organization, i...
Oct. 6, 2015 03:00 PM EDT Reads: 114
“All our customers are looking at the cloud ecosystem as an important part of their overall product strategy. Some see it evolve as a multi-cloud / hybrid cloud strategy, while others are embracing all forms of cloud offerings like PaaS, IaaS and SaaS in their solutions,” noted Suhas Joshi, Vice President – Technology, at Harbinger Group, in this exclusive Q&A with Cloud Expo Conference Chair Roger Strukhoff.
Oct. 6, 2015 02:45 PM EDT Reads: 370
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
Oct. 6, 2015 01:00 PM EDT Reads: 737
You have your devices and your data, but what about the rest of your Internet of Things story? Two popular classes of technologies that nicely handle the Big Data analytics for Internet of Things are Apache Hadoop and NoSQL. Hadoop is designed for parallelizing analytical work across many servers and is ideal for the massive data volumes you create with IoT devices. NoSQL databases such as Apache HBase are ideal for storing and retrieving IoT data as “time series data.”
Oct. 6, 2015 12:45 PM EDT Reads: 458
Clearly the way forward is to move to cloud be it bare metal, VMs or containers. One aspect of the current public clouds that is slowing this cloud migration is cloud lock-in. Every cloud vendor is trying to make it very difficult to move out once a customer has chosen their cloud. In his session at 17th Cloud Expo, Naveen Nimmu, CEO of Clouber, Inc., will advocate that making the inter-cloud migration as simple as changing airlines would help the entire industry to quickly adopt the cloud wit...
Oct. 6, 2015 12:30 PM EDT Reads: 581
As the world moves towards more DevOps and microservices, application deployment to the cloud ought to become a lot simpler. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. In his session at 17th Cloud Expo, Raghavan "Rags" Srinivas, an Architect/Developer Evangeli...
Oct. 6, 2015 12:15 PM EDT Reads: 106
SYS-CON Events announced today that VividCortex, the monitoring solution for the modern data system, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The database is the heart of most applications, but it’s also the part that’s hardest to scale, monitor, and optimize even as it’s growing 50% year over year. VividCortex is the first unified suite of database monitoring tools specifically desi...
Oct. 6, 2015 12:00 PM EDT Reads: 411
Organizations already struggle with the simple collection of data resulting from the proliferation of IoT, lacking the right infrastructure to manage it. They can't only rely on the cloud to collect and utilize this data because many applications still require dedicated infrastructure for security, redundancy, performance, etc. In his session at 17th Cloud Expo, Emil Sayegh, CEO of Codero Hosting, will discuss how in order to resolve the inherent issues, companies need to combine dedicated a...
Oct. 6, 2015 12:00 PM EDT Reads: 439
Secure Cloud through Automated Compliance | @CloudExpo @CloudRaxak #Cloud #BigData #DevOps #Microservices
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Oct. 6, 2015 12:00 PM EDT Reads: 248
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Oct. 6, 2015 11:00 AM EDT Reads: 850
Learn how Backup as a Service can help your customer base protect their data. In his session at 17th Cloud Expo, Stefaan Vervaet, Director of Strategic Alliances at HGST, will discuss the challenges of data protection in an era of exploding storage requirements, show you the benefits of a backup service for your cloud customers, and explain how the HGST Active Archive and CommVault are already enabling this service today with customer examples.
Oct. 6, 2015 11:00 AM EDT Reads: 679
SYS-CON Events announced today that Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Key Information Systems is a leading regional systems integrator with world-class compute, storage and networking solutions and professional services for the most advanced softwa...
Oct. 6, 2015 11:00 AM EDT Reads: 323
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Bradley Holt, Developer Advocate at IBM Cloud Data Services, will demonstrate techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, ...
Oct. 6, 2015 10:45 AM EDT Reads: 452
Cloud Foundry open Platform as a Service makes it easy to operate, scale and deploy application for your dedicated cloud environments. It enables developers and operators to be significantly more agile, writing great applications and deliver them in days instead of months. Cloud Foundry takes care of all the infrastructure and network plumbing that you need to build, run and operate your applications and can do this while patching and updating systems and services without any downtime.
Oct. 6, 2015 10:00 AM EDT Reads: 4,420
SYS-CON Events announced today that Interface Masters Technologies, provider of leading network visibility and monitoring solutions, will exhibit at the 17th International CloudExpo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading provider of high speed networking solutions focused on Gigabit, 10 Gigabit, 40 Gigabit and 100 Gigabit Ethernet network access and connectivity products. For over 20 ye...
Oct. 6, 2015 10:00 AM EDT Reads: 664
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 17th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity
Oct. 6, 2015 10:00 AM EDT Reads: 416