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BB Tecnologia e Serviços

BB Tecnologia e Serviços is a Brazilian information-technology and technology-services company controlled by Banco do Brasil.

Last updated August 25, 2026

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Overview

BB Tecnologia e Serviços, commonly known as BBTS and formerly Cobra Tecnologia, is a Brazilian information-technology and business-services company within the Banco do Brasil conglomerate. The company was established in Rio de Janeiro on July 18, 1974, during a period when Brazil was seeking greater technological autonomy and a domestic capability to design and manufacture computers. Its original corporate identity, Computadores e Sistemas Brasileiros, reflected an ambition to create national computing technology rather than rely entirely on imported systems. Cobra emerged from cooperation involving Brazil's Navy, the Brazilian Development Bank and the British company Ferranti. Its early technical staff included specialists associated with PUC-Rio, the University of São Paulo and SERPRO. The company initially manufactured the Cobra-700, a licensed version of the Argus-700, before moving toward its own product development. In the late 1970s and 1980s, Cobra became one of the most visible companies in Brazil's protected domestic computer industry. It exported products to Argentina and Uruguay and developed a succession of systems for institutional, commercial and personal-computing applications. Among its better-known lines were the Cobra-400 microcomputer, developed with Sycor and introduced in 1979; the Cobra-500 family, which achieved substantial commercial success in Brazil; personal computers such as the Cobra-300 and Cobra-310; the Cobra-350; and the Cobra-1000, a data-processing system used by banking institutions. The company also played a broader ecosystem role as one of the enterprises that helped establish Brazil's computer-manufacturing and software capabilities. The market environment changed sharply in the 1990s. The opening of Brazil's information-technology market under the Collor administration's revised policy framework intensified competition from international suppliers and contributed to the decline or closure of several domestic manufacturers. At the same time, banks were adopting automated teller machines, magnetic cards, bar codes and internet banking. Cobra consequently moved away from being primarily a computer manufacturer and toward technology infrastructure, maintenance and outsourced operational services. Banco do Brasil acquired a controlling position in Cobra, making the company a technology partner to the banking group. This transition led to contracts covering technical assistance and electronic document processing, among other services. In 2005, Cobra also entered into an agreement to provide specialized free-software services to Banco do Brasil and participated in a large migration to open systems. In 2013, the company adopted the market name BB Tecnologia e Serviços. The change signaled closer alignment with its controlling shareholder, which holds approximately 99.97 percent of its capital according to the referenced encyclopedia material. Under the BBTS identity, the business presents itself as a diversified technology-services provider rather than only a legacy computer manufacturer. Its portfolio includes technical assistance, monitoring, electronic security, contact-center operations, logistics supporting banking services, document management, printing, software and testing factories, free-software services, telecommunications-resource management and SMS-gateway operations. BBTS therefore combines the historical legacy of Brazilian computer manufacturing with a contemporary role in technology outsourcing and operational support. Its principal strategic context is the Banco do Brasil group, whose scale and banking infrastructure provide an anchor customer and organizational relationship. The available reference material does not identify a separate international consumer-facing brand strategy, major overseas operating footprint, current executives or publicly traded securities for BBTS.

History

BB Tecnologia e Serviços traces its origins to Brazil's effort to establish an indigenous computing industry. Before Cobra was founded, Brazilian universities and military institutions had already begun developing experimental computers. Projects associated with the Instituto Tecnológico de Aeronáutica, Unicamp and the University of São Paulo demonstrated that local engineers could design systems suited to national requirements. The Navy's acquisition of modern frigates, whose weapons systems depended on computerized control, further increased the strategic importance of domestic computing expertise. Engineers connected with the University of São Paulo's Patinho Feio project were recruited to work on the G10 computer for the Navy. Against this background, Cobra, whose name derived from Computadores e Sistemas Brasileiros, was created in Rio de Janeiro on July 18, 1974. Its formation brought together the Brazilian Navy, the Brazilian Development Bank and Ferranti of the United Kingdom. The founding purpose was to develop and manufacture technology in Brazil. The initial workforce drew on specialists from PUC-Rio, the University of São Paulo and SERPRO, giving the company links to academic research, public-sector computing and national technology policy. Cobra's first manufacturing activities included the Cobra-700, a locally produced computer based on a licensed Argus-700 design. The company later broadened its engineering efforts. In 1979, working with Sycor, it introduced the Cobra-400 microcomputer using the Intel 8080 processor. During the late 1970s and 1980s, Brazil's domestic computer market was strongly shaped by industrial and regulatory policies favoring local production. More than half of the national market consisted of products developed or manufactured in Brazil, and Cobra became one of the sector's central companies. It began exporting to Argentina and Uruguay and helped stimulate the formation and growth of related Brazilian technology businesses. The 1980s brought a series of products aimed at different institutional and commercial needs. The Cobra-500 family achieved notable sales, while the Cobra-350 and the Cobra-300 and Cobra-310 personal microcomputers expanded the company's product range. The Cobra-1000 targeted data processing and found use among banking institutions. These products established Cobra as both a manufacturer and an important participant in the country's emerging computer ecosystem. The competitive conditions changed during the 1990s. The Collor administration introduced a new information-technology law and opened Brazil's market more widely to foreign competition. Domestic factories and computer companies faced increased pressure, and several businesses in the sector closed or underwent restructuring. Technological change also altered the needs of major customers. Banks were moving rapidly toward automated teller machines, magnetic cards, bar codes and internet banking, creating demand for reliable service networks and systems integration rather than only standalone computer hardware. Banco do Brasil responded to these developments by acquiring a majority stake in Cobra. The company increasingly became a technology and operational-services partner to the banking group. Its activities expanded into technical assistance, electronic document processing and related support contracts. This shift represented a fundamental transformation from a hardware manufacturer operating in a protected market to a services-oriented enterprise supporting a large financial institution. In 2005, Cobra signed an agreement to provide specialized free-software services to Banco do Brasil. The work was associated with one of the largest migrations to open systems described in the reference material and reflected the company's adaptation to software, systems-integration and technology-management demands. The corporate identity was refreshed in 2013, when Cobra adopted the market name BB Tecnologia e Serviços, or BBTS. The rebranding communicated the company's proximity to Banco do Brasil and its alignment with the group's technology and service requirements. The company subsequently presented a broad portfolio covering technical assistance, monitoring, electronic security, contact centers, logistics support for banking services, document management, printing, software and testing factories, free software, telecommunications-resource management and SMS gateways. BBTS's historical development thus has three broad phases: the creation of a nationally oriented computer manufacturer in the 1970s; expansion and product diversification during Brazil's protected computing era; and restructuring into a Banco do Brasil-aligned technology-services provider after market liberalization and the banking sector's digital transformation. The available sources do not provide verified information on current senior executives, a standalone stock listing or a separate international consumer brand presence.

  • 2013

    Cobra becomes BB Tecnologia e Serviços

    [1]

    The company adopts BB Tecnologia e Serviços as its market name, highlighting its relationship with Banco do Brasil.

  • 2005

    Free-software services agreement with Banco do Brasil

    [1]

    Cobra signs an agreement to provide specialized free-software services and supports a major migration to open systems at Banco do Brasil.

  • 1990

    Market liberalization pressures domestic computer companies

    [1]

    The opening of Brazil's information-technology market increases competition and contributes to a restructuring of the domestic computer sector.

  • 1980

    Cobra-500 line achieves commercial success

    [1]

    The Cobra-500 family becomes one of the company's notable commercial successes during Brazil's domestic-computing expansion.

  • 1979

    Cobra-400 microcomputer is introduced

    [1]

    Cobra works with Sycor to launch the Cobra-400 microcomputer using an Intel 8080 processor.

  • 1974

    Cobra is founded

    [1]

    Computadores e Sistemas Brasileiros, later known as Cobra Tecnologia and then BB Tecnologia e Serviços, is established in Rio de Janeiro on July 18.

Products and positioning

A Brazilian enterprise technology and managed-services provider aligned with Banco do Brasil, combining technology infrastructure, banking operations support, software capabilities and specialized service delivery.

  • Computer hardware

    Cobra-700

    One of Cobra's early manufactured computer systems, the Cobra-700 was produced under license from the Argus-700. It represented the company's initial role as a domestic computer manufacturer within Brazil's effort to build national technological capacity.

  • Microcomputer · 1979

    Cobra-400

    Introduced in 1979 in cooperation with Sycor, the Cobra-400 was a microcomputer based on the Intel 8080 processor. It formed part of Cobra's transition from licensed manufacturing toward a broader portfolio of locally developed and adapted computing products.

  • Computer systems · 1980

    Cobra-500

    The Cobra-500 family was one of the company's strongest commercial lines during the 1980s. It served the expanding Brazilian market for domestically produced computer systems and helped establish Cobra's visibility during the country's protected-computing period.

  • Personal computers

    Cobra-300 and Cobra-310

    These personal microcomputers extended Cobra's product range beyond institutional systems and reflected the spread of personal computing in Brazil during the 1980s.

  • Data-processing computer

    Cobra-1000

    The Cobra-1000 was designed for data-processing applications and was used by banking institutions. Its deployment anticipated Cobra's later concentration on technology infrastructure and services for financial-sector operations.

  • Enterprise technology services · 2013

    BBTS technology and managed services

    Under the BB Tecnologia e Serviços identity, the company offers a diversified set of enterprise services rather than a single hardware product line. The portfolio described in the reference material includes technical assistance, monitoring, electronic security, contact centers, banking logistics, document management, printing, software and testing factories, free-software services, telecommunications-resource management and SMS gateways.

Brand decisions

  • 2013

    Rebrand as BB Tecnologia e ServiçosStrategy

    Background

    The former Cobra Tecnologia had become closely integrated with Banco do Brasil and had shifted from computer manufacturing toward technology and operational services.

    Action taken

    The company adopted BB Tecnologia e Serviços as its market-facing name to communicate its connection and strategic alignment with Banco do Brasil.

    Aftermath

    The BBTS identity framed the business as a diversified enterprise technology-services provider supporting banking and other operational needs.

  • 2005

    Expand into free-software and open-systems servicesStrategy

    Background

    Banco do Brasil required technology capabilities suited to large-scale systems modernization and the broader adoption of open systems.

    Action taken

    Cobra signed an agreement to provide specialized free-software services and contributed to a major open-systems migration.

    Aftermath

    The agreement illustrated Cobra's evolution from a hardware-focused manufacturer into a software and technology-services partner for Banco do Brasil.

Recent events

  • 2013

    Cobra Tecnologia adopts the BB Tecnologia e Serviços market name[1]

    Leadership change

    The company changed its market-facing name to BB Tecnologia e Serviços to emphasize its relationship with controlling shareholder Banco do Brasil.

  • 2005

    Cobra provides specialized free-software services to Banco do Brasil[1]

    Other

    Cobra signed an agreement to provide specialized services involving free software and contributed to a major migration toward open systems at Banco do Brasil.

Sources1 sources

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