Cloud-focused company aims for growth in Brazil
![](https://brazilcham.com/wp-content/uploads/2020/09/shutterstock-163229387-resized-1024x682.jpg)
Claranet, a technology multinational focused on managed cloud services, has announced an investment of $100 million in its Brazil operation.
According to Brazilian technology site Tele.Síntese, the investment will support three aims: to continue with accelerated organic growth, which is claimed to have reached 37 per cent year on year over the past five years; to invest in improving internal performance; and to enable the acquisition of other companies in the sector.
By Vaughan O’Grady via Developing Telecoms