Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, July 14 2021 - 17:49
AsiaNet
CI&T Acquires Dextra to Scale Local and Global Operations
BRISBANE, Australia, July 14, 2021 /PRNewswire-AsiaNet/ --

CI&T ( https://ciandt.com/us/ ), a digital specialist for global brands, today 
announced the acquisition of Dextra ( https://www.cinqtechnologies.com/about/ 
), a Brazilian based software development company that creates end-to-end 
digital products. This acquisition is part of CI&T's ongoing effort to amplify 
its capabilities and build a stronger global market presence. 

Dextra has over 1,200 experienced digital professionals, top-tier clients in 
Brazil and the U.S., and has developed a similar culture to CI&T focused on 
being lean, agile and providing full digital solutions. Dextra creates 
end-to-end digital products, from innovation and design to running secure and 
scalable software, which complements CI&T's current offering. 

"We are thrilled about the opportunity to grow and expand our operations 
together with Dextra, a company that we have always admired and respected. The 
market demand is very high and together our offering is even stronger," 
celebrated Cesar Gon, CI&T's founder and CEO.

This acquisition further cements CI&T's market leader position in Brazil, 
increases the potential for nearshore opportunities, and will offer more 
comprehensive and robust solutions for both client portfolios. As both 
companies share similar cultural building blocks, incorporating the CI&T 
framework of an adhocratic management system with independent and decentralized 
decision-making will facilitate a seamless transition and help generate fast 
and relevant business impact for clients.

"Our success at Dextra has the potential to be exponential and global, and we 
are looking forward to starting our next chapter with CI&T. We are very excited 
about this new phase for the company," explained Eduardo Coppo, founder and CEO 
of Dextra.

CI&T will add Dextra's experienced tech professionals, seasoned group of 
founders and senior management to its global employee base of over 4,000 
digital specialists, and clients such as Alelo, Solvay, Serasa Experian and 
McDonald's, among others. On top of providing a wider range of services to the 
market, this merger will strengthen CI&T's technical expertise. 

The deal is subject to regulatory approval.

About CI&T ( https://www.cinqtechnologies.com/about/ )

CI&T is a digital specialist, a partner in end-to-end digital transformation. 
As digital natives, we bring a 26-year track record of accelerating business 
impact through complete and scalable digital solutions. With a global presence 
of 4,000 professionals in strategy, research, data science, design, and 
engineering, we unlock top-line growth, improve customer experience and drive 
operational efficiency.

SOURCE: ciandt.com