CI&T

CI&T
TypePublic
NYSE: CINT
IndustryInformation technology
Founded1995
Headquarters
Campinas, São Paulo, Brazil
Oakland, California, United States
Key people
  • César Gon (CEO)
  • Bruno Guicardi (President)
  • Stanley Rodrigues (CFO)
RevenueIncrease R$ 571.8 million (2023)[1]
R$ 571.8 milhões [2]
Number of employees
6,000+ [2]
Websiteciandt.com

CI&T is a Brazilian information technology and software development company.[3]

History

CI&T was founded in 1995 as an IT group working with research and development (R&D) companies for software development before expanding to provide technical services to nearshore customers.[4][5] Early clients included IBM, Hewlett-Packard, Vale, Natura, and Globo.[6][7][8]

CI&T opened an office in Pennsylvania in 2006[9] and in Tokyo (Japan) and Ningbo (China) in 2009.[10]

CI&T has been working as a technical integrator of digital marketing engagements with many of their clients.[6] In 2017, CI&T acquired Conrade, a solution provider based in Oakland, in the United States.[11] In 2019, Advent acquired 30% of CI&T participation from BNDES.[12]

In June 2021, it announced the acquisition of Dextra, an IT services company headquartered in Campinas, near CI&T geographically.[13] In November 2021, the company filed for an initial public offering and got listed on New York Stock Exchange (NYSE).[14]

In 2022, CI&T announced the acquisition of three companies. The first was UK-headquartered Somo Global Ltd, an award-winning digital product agency, for US$67 million.[15] Then came Box 1824.[16] After that, in August 2022 the company acquired Transpire, an Australian-based technology consultancy, for US$16,4 million.[17]

References

  1. ^ "CI&T Reports Solid Results in 2Q23 Earnings Release" (PDF). Archived from the original (PDF) on 2023-08-29. Retrieved 2023-06-02.
  2. ^ a b "CI&T Reports Solid Results in 2Q23 Earnings Release" (PDF). Archived from the original (PDF) on 2023-08-29. Retrieved 2023-06-02.
  3. ^ "Gigante caipira: por dentro da empresa brasileira de tecnologia que se tornou uma multinacional negociada em Nova York". ISTOÉ DINHEIRO (in Brazilian Portuguese). 2022-07-22. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  4. ^ Rapoza, Kenneth. "Is Brazil More Than Oil & Minerals?". Forbes. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  5. ^ "Conheça as Cool Vendors do Gartner". Baguete (in Brazilian Portuguese). Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  6. ^ a b "Company of talents | Revista Pesquisa Fapesp". 2016-03-04. Archived from the original on 2016-03-04. Retrieved 2022-09-29.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  7. ^ George, Tarun (27 January 2011). "Latin America Startups: How Three Sourcing Entrepreneurs Crossed the Chasm". Nearshore Americas. Archived from the original on 2022-09-29. Retrieved 2022-09-29.
  8. ^ "Epoca - EDG ARTIGO IMPRIMIR - Aposta na inovação". revistaepoca.globo.com. Archived from the original on 2019-02-11. Retrieved 2022-09-29.
  9. ^ Laughlin, Kirk (10 December 2015). "Brazil's CI&T Makes a Play for Smart Computing". Nearshore Americas. Archived from the original on 2022-09-29. Retrieved 2022-09-29.
  10. ^ "Part 1 Who is Ci&T? - Ask the President - Rococo Co., Ltd". 2014-09-08. Archived from the original on 8 September 2014. Retrieved 2022-09-29.
  11. ^ Shirkey, Alec (2017-08-08). "Digital Solutions Firm CI&T Acquires Comrade, A Strategy And Design Agency". CRN. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  12. ^ "Advent compra participação na CI&T". Baguete (in Brazilian Portuguese). Archived from the original on 2022-09-29. Retrieved 2022-09-29.
  13. ^ "Empresa de serviços de tecnologia CI&T compra Dextra e planeja IPO". Valor Econômico (in Brazilian Portuguese). 30 June 2021. Archived from the original on 2022-09-29. Retrieved 2022-09-29.
  14. ^ "CI&T, de Campinas, estreia com alta de 21% em NY e CEO revela planos". Exame (in Brazilian Portuguese). 2021-11-10. Archived from the original on 2022-09-29. Retrieved 2022-09-29.
  15. ^ Mari, Angelica (2022-01-14). "CI&T compra agência inglesa Somo Global, de produtos digitais". Startups (in Brazilian Portuguese). Archived from the original on 2022-09-29. Retrieved 2022-09-29.
  16. ^ "CI&T compra Box 1824, agência que explica geração Z para Nike e Google". Exame (in Brazilian Portuguese). 2022-06-01. Archived from the original on 2022-09-28. Retrieved 2022-09-29.
  17. ^ "CI&T compra Transpire por US$ 16,4 milhões e aumenta presença na Austrália". Valor Econômico (in Brazilian Portuguese). 17 August 2022. Archived from the original on 2022-09-28. Retrieved 2022-09-29.

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