Internet Group

















































Internet Group Ltda.
Type
 Subsidiary
Industry Online services
Founded 2000
Headquarters
São Paulo, Brazil
Products
Social networking
Online service provider
Online media
Revenue
Increase $149.6 million (2010)
Net income
Increase $21.7 million (2010)
Number of employees
 430
Parent OnGoing
Website iG.com.br

Internet Group do Brasil (iG) is a Brazilian Internet service provider that owns and operates web portals and provides a variety of services including online banking, shopping, stock information, chat rooms, and free e-mail.[1]


As of March 2012, iG was the fifth-largest portal in Brazil, with 23.5 million unique monthly visitors.[2]



History


iG was founded on January 9, 2000, by GP Investments and Banco Opportunity. It gained popularity by offering free dial-up access.[citation needed]


In May 2004, Brasil Telecom (a subsidiary of Oi since 2009) acquired iG for approximately $100 million.[3] In April 2012, Oi sold iG to Portuguese investment company Ongoing Strategy Investments SGPS SA for an undisclosed sum.[4][2]



See also


  • List of internet service providers in Brazil


References




  1. ^ "Company Overview of Internet Group do Brasil S.A." Bloomberg Businessweek. Retrieved 21 June 2014..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ ab Maurer, Harry (15 April 2012). "Portugal's Ongoing Closes Deal to Buy IG in Brazil, Folha Says". Bloomberg Businessweek.


  3. ^ "Brasil Telecom Compra o iG por US$ 100,7 Milhões". O Estado de S. Paulo. 19 May 2004.


  4. ^ Wiziak, Julio (26 April 2012). "Ongoing assume iG na próxima semana". Folha de S. Paulo.










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