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Extreme Group, Brazil's first federal cloud broker, has acquired GPS IT for approximately R$ 50 million as part of its growth strategy. The company, which generated R$ 600 million in revenue last year, aims for R$ 1.5 billion by 2028.

This acquisition enhances its capabilities in physical infrastructure, connectivity, storage, and information security, addressing a gap in corporate hardware and network services. The move is part of a broader strategy to integrate solutions amidst growing demand for data centers and advanced technologies.