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For Westcon Group, the acquisition of Afina Group expands the distributor's geographic presence in Latin America.
"The Latin American market is now entering a highly robust period of IT spending driven mostly by Brazil and Mexico. Most analysts estimate the region will generate more than $310 billion in IT spending in 2012," said Dean Douglas, president and CEO of Westcon Group, in a statement. "With the acquisition of Afina, Westcon is very well positioned to capture this momentum."
Afina was founded in 1990 and has headquarters in Madrid and Miami with a vendor portfolio that includes VMware, Citrix, Riverbed and Symantec. Afina also offers specialized services to support its resellers, including post-sale support, value-added augmentation, and training, according to Westcon Group.