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Compasso UOL is an
Universo Online (Portuguese, 'Universe Online') (known by the acronym UOL) is a Brazilian web content, products and services company. It belongs to Grupo Folha enterprise. UOL is the world's largest Portuguese speaking portal, featuring more than 1,000 news s ...
Group-owned
IT outsourcing Outsourcing is a business practice in which company, companies use external providers to carry out business processes that would otherwise be handled internally. Outsourcing sometimes involves transferring employees and assets from one firm to ...
firm. The firm has a staff of 1,300 employees and operates throughout
Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...
. Before 2020, Compasso UOL was named UOL DIVEO, but was fragmented in Compasso UOL and UD Tecnologia (former division that was sold and owns four
data center A data center is a building, a dedicated space within a building, or a group of buildings used to house computer systems and associated components, such as telecommunications and storage systems. Since IT operations are crucial for busines ...
s: three in the city of
São Paulo São Paulo (; ; Portuguese for 'Paul the Apostle, Saint Paul') is the capital of the São Paulo (state), state of São Paulo, as well as the List of cities in Brazil by population, most populous city in Brazil, the List of largest cities in the ...
and one in
Barueri Barueri ( or ) is a Brazilian municipality in the State of São Paulo located in the northwestern part of the Metropolitan Region of São Paulo. The population is 276,982 (2020 est.) in an area of . Its boundaries are Santana de Parnaíba to ...
). Gil Torquato is the firm's
CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
.


Operations

In December 2010, UOL Group purchased Diveo Broadband Network, an
American American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, p ...
technology outsourcing firm established in 1996, for R$693.5 million via its subsidiaries UOL Host Data and DHC Outsourcing. In the same year, UOL Group merged UOL Host Data, DHC Outsourcing, and Diveo Broadband network into UOL DIVEO. UOL DIVEO provides infrastructure and IT
cloud computing Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...
outsourcing, as well as application services, managed security services, payment processes, business integration solutions, customized Oracle services,
e-commerce E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile co ...
services and platforms, and capital markets and telecommunications services.


Subsidiaries

In March 2010, UOL Group purchased Tech4B, a
Quality Assurance Quality assurance (QA) is the term used in both manufacturing and service industries to describe the systematic efforts taken to assure that the product(s) delivered to customer(s) meet with the contractual and other agreed upon performance, design ...
and software performance firm. UOL DIVEO acquired Solvo, an environment and technology infrastructure managing consulting firm in March 2012. In February of the following year, UOL DIVEO purchased Compasso Informática, a consulting and technology firm that specializes in Oracle Middleware. In May, UOL DIVEO launched UOL DIVEO Broker, a subsidiary company that serves capital markets with an integrated platform in compliance with the norms and standards of
BM&F Bovespa B3 S.A. – Brasil, Bolsa, Balcão (in English, ''B3 – Brazil Stock Exchange and Over-the-Counter Market''), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest in the country. Its current form can be ...
.


References

{{reflist Grupo Folha Information technology companies of Brazil Companies based in São Paulo