BearingPoint's Brazilian operation, which specialises in consulting and systems integration services, is being purchased by CSC. CSC's new presence in Brazil, the world's ninth-largest economy, will add key horizontal capabilities and vertical industry expertise. The transaction is subject to the satisfaction of customary closing conditions and the approval of the court overseeing BearingPoint's corporate reorganisation.

BearingPoint's Brazilian operation currently has 550 employees and offices in Sao Paulo, Rio de Janeiro and Brasilia. Approximately two-thirds of the staff are qualified to implement and support SAP solutions. Through the acquisition CSC will add further horizontal capabilities includ ing project management, strategy consulting and applications management along with language capabilities including English and Spanish, in addition to Portuguese.

Clients of the Brazilian business include some of the world's largest producers of oil, gas and iron ore. The acquisition will expand CSC's industry vertical expertise and clientele in its Chemical, Energy and Natural Resources and Technology and Consumer sectors.

The acquisition will add to CSC's existing Latin American presence which includes operations in Argentina, Chile, Colombia, Costa Rica, Guatemala, Peru and Mexico.