Perseus Shores Up LatAm Presence with ETradeLab Deal

Post-acquisition, the firms will fully integrate ETradeLab's hosting solutions with the ultra-low-latency networks Perseus offers to clients. Perseus says the deal reflects increasing interest in South and Central America markets that are becoming risk- and connectivity-aware, particularly Brazil, Peru, Chile, Panama, and Colombia.

"Perseus brings innovation and high performance networks at fair prices due to its strong portfolio that allow customers to increase revenues while reducing operating costs. The Latin American region's continuing market growth requires such building blocks for optimum time-to-market and even faster development; Perseus has the DNA to deliver them allied to ETradeLab's local market knowledge," says Marcos Guimarães, founder of ETradeLab, whose new role will be president of Perseus Telecom, Brazil.