sao paulobrazils totvs sas shares rose 26 after the business technology and services company said it bought financial software developer gesplan sa totvs shares rose to 3776 reais the equivalent of us819 the benchmark ibovespa stocks index was down about 04 at the same time totvs shares are up more than 28 since the start of the year totvs said monday that it paid 40 million reais or about us87 million in cash to buy gesplan the purchase of the company which had revenue of about 16 million reais in 2021 and has about 190 clients in brazil and abroad will allow totvs to expand its range of financial and other services totvs said