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Company nameItautec S.A - Grupo Itautec
Company typeSociedade Anônima
IndustryComputer System
Computer Software
IT Services
HeadquartersSão Paulo
Key peopleRicardo Egydio Setubal, (Chairman)
Mario Anseloni Neto, (CEO)
Revenue(+) US$ 898.0 Million (2010)
Net income(-) US$ 6.8 Million (2010)

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Itautec (BM&F Bovespa: ITEC3) is a Brazilian company that was founded in 1979. The company is part of Itaúsa: [, which is the second largest private Brazilian business group by sales volume. Itautec [ operates in the manufacuring of consumer electronics, banking and retail automation and self-service, providing complete IT solutions, with hardware, software and a diversified array of services, including outsourcing projects in several areas. The company has the tenth largest base of ATMs in the world, and the second one in Latin America, according to Retail Banking Research. Itautec has also the largest network of its own technical assistance in Brazil. Headquartered in São Paulo and with a manufacturing plant in the city of Jundiaí (SP), Itautec has 5,709 direct employees - 5,285 in Brazil and 424 abroad - plus 251 indirect employees and 76 trainees.

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