Linx S.A. agreed to acquire 40% stake in Neomode for BRL 7 million.

Linx SA is a Brazil-based company primarily engaged in the software development sector. The Company provides products, services and solutions for business optimization, as well as tools for e-commerce market. It specializes in technology solutions for retail and wholesale activities in such segments as apparel, gifts, building material, supermarkets, pharmacies and electronics, among others. The Company offers its customers an integrated business management system that covers the entire retail chain, starting from business automation software, which perform all necessary operations from the point of sale (POS), until the full Enterprise resource planning (ERP), which includes, among other features, inventory management, customer relationship management, financial management, management of products lifecycle and supply management. Additionally, the Company provides customization, training and other services related to its products. Its subsidiaries include Synthesis Retail Solutions SA.