Stratus Computer Expands into Mexico with 18th International Subsidiary

Strategic Insights -

Stratus Computer, Inc., a leading provider of comprehensive computer solutions for critical online environments, has announced the acquisition of Comercializacion TEA, S.A. de C.V. (COMTEA), a major distributor of Stratus software and hardware in Mexico. With this acquisition, COMTEA has become Stratus' eighteenth wholly owned international subsidiary. The move is expected to boost Stratus' presence in Mexico and Latin America, particularly in high-growth markets such as telecommunications, finance, and retail.

Key Takeaways:

  • Stratus Computer has acquired COMTEA, a major distributor of Stratus software and hardware in Mexico, for an undisclosed sum.
  • COMTEA has become Stratus' eighteenth wholly owned international subsidiary, with Mariam Ganem appointed as Country Manager of the Stratus Mexico subsidiary.
  • The acquisition enhances Stratus' capability to further penetrate the rapidly expanding markets throughout Latin America for mission-critical applications such as networking management, cellular telephony, electronic banking, retail credit card processing, and gaming.
  • Stratus has a strong track record in Mexico as a supplier of value-added services, software, and continuous processing systems through COMTEA.
  • The subsidiary will focus on expanding Stratus' offerings in Mexico and Latin America, particularly in high-growth markets such as telecommunications, finance, and retail.
  • COMTEA has been the systems integrator and total solution provider to major customers, including Telefonos de Mexico (TELMEX), Mexico's telephone giant, cellular phone carrier IUSACell, and one of the largest commercial banks in Mexico, Bancomer of Mexico City.

Statistics:

  • Stratus has acquired COMTEA, its 18th wholly owned international subsidiary.
  • COMTEA has been distributing Stratus software and hardware in Mexico for the past three years.
  • Stratus has a broad range of continuously available computer platforms, application software, middleware, and professional services.
  • The company markets its systems and solutions to a range of industries in more than 60 countries.

Sources:

  • Stratus Computer, Inc. (press release)
  • Comercializacion TEA, S.A. de C.V. (press release)
  • Grupo TEA of Mexico City
  • Telefonos de Mexico (TELMEX)
  • Mexico's telephone giant
  • IUSACell - cellular phone carrier
  • Bancomer of Mexico City - one of the largest commercial banks in Mexico