TOTVS S.A. is a Brazilian software company based in São Paulo. TOTVS was initially formed from the merger of Microsiga and Logocenter. TOTVS is the leader in the Brazilian ERP market according to the FGV (Getúlio Vargas Foundation) and, in addition to Brazil, has offices in the United States, Portugal and Latin America.[1][2]
History
In 1983, entrepreneur Laércio Cosentino was 23 years old and was director of data processing company Siga, a company created by Ernesto Haberkorn. Cosentino and Haberkorn opened Microsiga, a software company for small and medium-sized companies, and then became equal partners in the new company. Microsiga merged with Siga in 1989, and in 2005 the company changed its name to TOTVS.[3]
TOTVS acquired more than 50 corporative software manufacturers like Datasul, RM Sistemas, Midbyte, Logocenter, BCS, among others. TOTVS opened a California operation within the University of California