ITAUTEC S.A. – GRUPO ITAUTEC

ITAUTEC S.A. – GRUPO ITAUTEC

Previous company name
ITAUTEC PHILCO S.A. – GRUPO ITAUTEC PHILCO
Name change date
1/19/2006
Company Overview
Itautec S.A. – Grupo Itautec, formerly known as Itautec Philco S/A, is a Brazilian company engaged in the development and provision of banking and commercial automation systems, IT products, and electronic consumer products, as well as the provision technical assistance and related services. The company has its headquarters located in Manaus Am, Brazil. Through its subsidiaries, Itautec is also active in Portugal, Spain, Argentina, Ecuador, the United States, Mexico, Chile and Venezuela.
Itautec’s operations are divided into five business segments: Solutions and Automations, Consumer Products, Information Technology, Services, and Components. The company’s Solutions and Automations division offers hardware and software products in the automated banking, commercial and self-service sectors. Its Consumer Products business comprises of the units, which assemble televisions, audio equipment, and DVDs. The Information Technology segment manufactures computers, personal digital assistance items, servers and notebooks. The Services division of Itautec provides preventive and corrective maintenance of equipment and parts. The division also offers consultancy services, project development, automation solutions, installation, management of servers and networks, configuration of software, help desk services, satellite communication products, closed circuit television, and automation services. The Components division produces semiconductors, printed circuit boards, electro electronics, automobiles, telecommunications, information technology, and electro-domestic components for the information technology industry.
The company is a subsidiary of the Itaъsa Group-Investimentos Itaъ S.A., a diversified holding company based in Brazil. Itautec trades on the San Paulo Stock Exchange under the symbol ITEC3.
Business Summary
Itautec SA is a Brazil-based company engaged in the development of information technology and automation products and solutions. The Company operates in four divisions: the Information Technology division, with computers, notebooks and servers under the Itautec brand name; the Automations division, with banking, automated teller machines (ATM) and cashier terminals, fiscal printers, self-service terminals and software.
Description and history
Itautec SA is a Brazil-based company engaged in the development of information technology and automation products and solutions. It offers its products for corporate and home markets. The Company operates in four divisions: the Information Technology division, with computers, notebooks and servers under the Itautec brand name; the Automations division, with banking, automated teller machines (ATM) and cashier terminals, fiscal printers, self-service terminals and software; the Services division, with outsourcing, technical support, infrastructure and installations, and the Distribution division for such brands as IBM, Apple, Avaya, Extreme, Novell, NetApp and Pineapp products. Itautec network comprises 34 units and seven support laboratories. Through its subsidiaries, the Company operates in Argentina, Spain, Mexico, the United States, Portugal, Chile, Colombia, Venezuela and Ecuador. Itautec is part of Grupo Itausa – Investimentos Itau SA.

Formerly known as Itautec Philco S/A

Description in Portuguese
A Itautec S.A. й uma empresa 100% brasileira, controlada pela Itaъsa – Investimentos Itaъ S.A. Й especializada no desenvolvimento de produtos e soluзoes em informбtica, automaзoes e distribuiзao, atuando no mercado corporativo e domйstico, por meio das seguintes бreas de negуcios:
Business Line
Develops and provides banking and commercial automation systems, IT products, and electronic consumer products, and provides technical assistance and related services
Subsidiary
AVNET TECHNOLOGY SOLUTIONS BRASIL S/A.
Advisor
KPMG AUDITORES INDEPENDENTES
IPO date
11/14/1985
US SIC Code
3571
Company Address
15°Andar
2028, Avenida Paulista, Bairro Bela Vista
City province or state postal code
69075-110, MANAUS
Phone: +55 11 3543 3000
Fax: +55 11 3543 3509
Country address: BRAZIL
Website url: www.itautec.com.br