As of July 17, 2007, Braxis IT Services was acquired by CPM. Braxis IT Services operates as a corporate information technology (IT) service provider. It offers consulting services, such as business intelligence, and IT planning and governance; outsourcing services, which include application management, and production infrastructure and service management; and technology services, including IT project management, SAP solutions, solution integration, and support post implementation services. The company offers solutions, such as forest solutions, logistic automation graphic management, sap integrated GIS, manager view, stakeholder relationship management, cash flow management, banking communication, banking monitoring, financial agreement management, endorsement portal, retail integration solutions, and point of sale. It serves industries, including the telecommunications, service, process, manufacturing, financial, government, and retail and consumer goods verticals. The company offers its services in the United States, Denmark, Italy, Argentina, Chile, Colombia, Costa Rica, Ecuador, Guatemala, Mexico, Panama, Porto Rico, and Venezuela. It has strategic partnerships with SAP, Oracle, Microsoft, Computer Associates, Business Objects, Fast, Aspect, and Cisco. The company is based in São Paulo, Brazil.