Brazil Administration Will Sell technology Companies in H2 of 2022

Brazil Administration Will Sell technology Companies in H2 of 2022

The government of Brazil has delayed the privatization process for two of its key technology companies for the second time, due to the growing concerns over potential risks around national sovereignty relating to the sale.

According to the government’s privatization program, the sale of the Dataprev, the social security technology company and Serpro, the federal processing service have been postponed to the H2 of this year – when the presidential campaign will take place. 

As explained by Minister Vital do Rêgo, “…the services provided by these companies support the technological infrastructure of relevant federal public administration bodies, as well as some of the main information systems and government programs related to the process of digital transformation in Brazil.”

Source: ZDNet

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