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FPT Software invests in a technology company in Latin America

August 2, 2021 | 10:42 am GMT+7

FPT Software has announced an investment in Global IT service provider Intertec International (Intertec), aiming to advance its efforts to provide solutions, technology services and digital transformation in the Latin American market.

The Office of Intertec International in Costa Rica. (Photo: FPT)

This investment is aligned with the strategic direction of FPT, which is intended to optimise the efficiency of combining resources of its service centres in the US and ones in neighbouring markets.

Pursuant to the investment agreement, FPT Software is entitled to access and allocate resources of Intertec's 2 service centres in Costa Rica and Colombia.

This deal also enables FPT Software to tap into Intertec’s wealth of operational experience in Latin America (LATAM). On this account, FPT Software would be able to expand business opportunities in the US and LATAM, and address increasing demand in these two markets.

With this cooperation, Intertec International will also gain competitive advantages from the resonance of FPT Software's resources, including platforms, infrastructure, and proprietary technology developed by FPT Software, with a network of 22 service centres worldwide.