Britain’s Claranet invests $100 mm to expand cloud computing in Brazil

UK-based cloud computing company Claranet on Thursday announced a $100 million investment to expand its operations in Brazil. The amount will be used to sustain organic growth and to acquire other companies in the sector, within plans to make the Brazilian operation the most important of the group over the next three years. The plan includes increasing the number of employees from 200 to 500 by 2021.

Source: Money Times