GXS Purchases Brazilian Firm Interchange Servicos

GXS, a provider of online business-to-business software, has acquired Interchange Servicos S.A, a Brazilian electronic data interchange services firm, for an undisclosed sum.

“While GXS already provides business-to-business services to many Brazilian businesses, acquiring Interchange will expand our presence in Brazil and enable us to offer significant integration opportunities to global businesses seeking to expand their operations in Latin America,” said Bob Segert, CEO of GXS, in a statement. “Furthermore, we see strong potential for further growth in b-to-b-managed services in Brazil and are confident that Interchange’s experience and expertise will be of tremendous value as we seek to successfully deliver on that vision.”