[3] The name was a joke, because if the priority of the Military Government was the “Cisne Branco” (in English: White Swan), the USP project was the ugly duckling of the story.

[1] Cobra (in Portuguese: Computadores e Sistemas Brasileiros) was created on July 18, 1974, in Rio de Janeiro, with the goal of developing genuinely national technology.

[1] Winner of the direct presidential elections, the Collor government passed a new IT Law, which represented a definitive opening of the Brazilian market, resulting in the closure of several factories and companies in the sector.

Following the market trend, Banco do Brasil acquires a majority stake in Cobra, which becomes a partner in the provision of technology services.

In 2013, it changed its fantasy name to BB Tecnologia e Serviços (BBTS), as a way to demonstrate to the market its proximity and alignment with its controller, Banco do Brasil, which holds 99.97% of its capital stock.