Hiberus buys Telefónica Tech subsidiaries in Mexico, Colombia and Chile

Telefónica Tech specializes in cybersecurity, cloud, big data, artificial intelligence and blockchain. Hiberus, in turn, has as clients the major multinationalsfrom Zara to Nestlé, from VW to Mercedes Benz, to name a few. He Clarín Groupwith 45%, is its partner in the Argentine subsidiary.

“Within the framework of the agreement, both companies will maintain a strategic alliance that will allow Telefónica Tech to continue serving clients in the region, while reinforcing its strategic and operational focus. The operation will be carried out guaranteeing the continuity of labor and contractual relationships, in accordance with current regulations, and without impact on the services that Telefónica Tech provides to its multinational clients,” the statement says.

The acquisition, as reported, allows Hiberus to consolidate its presence in Latin America, “expand its expansion in key markets and enhance its capabilities in strategic areas. In this way, it positions itself as a reference company in the region and “consolidates its positioning to provide service to North America.”

Sergio López, CEO of Hiberus, indicated: “With this operation we reinforce our capabilities in cybersecurity and cloud, since we have incorporated a highly specialized team that will lead our presence in Latin America. Thus, we laid the foundations for a strategic alliance with Telefónica with a long-term vision. Additionally, this move allows the company to advance our Azul Infinito strategic plan.” he stated.

You are a Hebrew technology of the Henneo Groupeditor of Heraldo and other media in Spain. With this acquisition grows to 4,500 employees. Your billing amounts to 250 million euros.

It was clarified that the Digital Operations Center (DOC) in Colombia will continue to be part of Telefónica Tech, “operating normally, providing service to customers within its footprint and ensuring the same levels of quality, availability and operational excellence.”

Telefónica Tech explained in turn that the sale allows it to “advance in the strategy of growth and organizational simplification, reinforcing the focus on digital and technological solutions with greater added value for companies, in line with its main markets for the Telefónica Group: Spain, the United Kingdom, Germany and Brazil.”

María Jesús Almazor, COO of Telefónica Tech for Spain and America, added: “This agreement is a natural step within our evolution as a digital services company of the Telefónica Group, within the framework of the new Transform & Grow Strategic Plan. It will allow us to maintain closeness with customers and continue offering Telefónica Tech services with the same standards of quality and commitment,” she indicated.

By the way, Telefónica is shedding assets in Latin America at the pace of its comprehensive restructuring. By selling its subsidiaries in the region as well transfers its services businesses to companies.

Telefónica has already completed the exit of its telecommunications subsidiaries in Argentinaat the hands of Telecom; Peru, Ecuador and Uruguay. and has agreed to sell its division in Colombia.