Cyberlynxx revenues reach US$13.2mn in 2010, eyeing acquisitions in 2011

- Thursday, January 13, 2011

Cyberlynxx revenues reach US$13.2mn in 2010, eyeing acquisitions in 2011

Brazilian systems integrator Cyberlynxx grew revenues 15% to 22mn reais (US$13.2mn) in 2010, the company said in a statement.

The company recorded its fastest revenue increases in Sao Paulo, 55% over 2009, and in Rio de Janeiro, where new projects surfaced in advance of the World Cup and Summer Olympics.

Cyberlynxx holds "aggressive" expectations for 2011, the company added. "We're considering acquisitions, and with economic indicators added to our strategy, 2011 is going to be another year of great numbers," said CEO Marcelo Astrachan.

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The firm also forecasted regional expansion and human resource development as goals for this year.

Cyberlynxx has more than 60 clients. Its portfolio comprises security, service-oriented architecture (SOA) and corporate social media solutions in the security, oil and gas, and healthcare sectors.