Roundup: Bolsa de Mulher-e-Midia, Intel, Microsoft, MercadoLibre

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Tuesday, October 4, 2011

Brazilian internet groups Bolsa de Mulher, a multiplatform digital media company for women owned by Ideiasnet, and e-Midia are going to merge operations to create GrupoMulher, the former said in a statement.

With the merger - negotiated over four months and announced for October - GrupoMulher will offer a portfolio of business solutions for the B2C and B2B advertising market.

The company expects to increase its audience in one year by 40%, from the current 17.5mn individual users, and bill 40mn reais (US$21.2mn) by 2013.

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With the merger, the company will have 80 employees in three offices in Rio de Janeiro, São Paulo and Santos. Revenues will come mainly from advertising (60%) and other business models (40%), such as e-commerce and e-learning.

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US chip manufacturer Intel (NYSE: INTC) has received two awards for its corporate social responsibility policies, one in Brazil and the other in Mexico, the company said in a statement.

In Brazil, the French-Brazilian Chamber of Commerce awarded the company for its Intel Involved program. Under this initiative, Intel employees become mentors for young people in several areas, such as finance and entrepreneurship. In Brazil, 87% of Intel's employees participated in the program in 2010.

In Mexico, Intel was recognized by the Mexican center for philanthropy (Cemef) for its commitment to the local community in the Intel International Science and Engineering Fair (ISEF) and science fairs developed in the country.

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Microsoft (Nasdaq: MSFT) has made its business application Microsoft Dynamics AX 2012 available in all Latin America, excluding Brazil, the company said in a statement.

The announcement was made by the president of the Microsoft business solutions division (MBS), Kirill Tatarinov, during the CIO Leadership Forum Latin America, being held in Miami.

Microsoft Dynamics AX 2012 is a scalable solution aimed at companies with 200-7,500 employees and is oriented to the business environment in Latin America.

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Latin American e-commerce company MercadoLibre (Nasdaq: MELI) will host its investor day on October 20, the company said in a statement.

The event will include presentations by MercadoLibre's management team and be available via webcast on MercadoLibre's webpage.

The webcast will be archived on the company's website and available to the public for 30 days following the event.