Microcity expects to bill US$318mn in 5 years

- Wednesday, July 13, 2011

Microcity expects to bill US$318mn in 5 years

Brazilian IT firm Microcity is looking to bill 500mn reais (US$318mn) in five years, local online news agency Baguete said.

With the aim of diversifying its portfolio and services - such as infrastructure maintenance, mission critical services and platform migration - last year Microcity acquired Brazilian IT provider Eclipse.

"Our goal is to create a platform for complementary products and services.... To achieve this, we have focused on strategic alliances and acquisitions," company director Luis Carlos Nacif said.

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According to the executive, Microcity's acquisitions and partnerships will target cloud computing, virtualization, communication and network services.

For example, the company recently closed a deal with LogicNet, a network and communications solutions provider. The two firms will work on outsourcing and net management services, said Nacif.

Currently, Microcity's partners include Triple S - a company that supports the creation of data centers for cloud computing and builds public, private and hybrid clouds - and Xtrategus, a Microsoft Gold Certified company.

Microcity also provides outsourcing of IT infrastructure and desktop LAN. It has offices in São Paulo and Brasília, with more than 350 employees.