ProfSat Tecnologia e Educação Limitada is a Brazil

Brazil

Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

ian private company

Company

A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...

 which specializes in professional education

Education

Education in its broadest, general sense is the means through which the aims and habits of a group of people lives on from one generation to the next. Generally, it occurs through any experience that has a formative effect on the way one thinks, feels, or acts...

 and preparatory courses using satellite

Satellite

In the context of spaceflight, a satellite is an object which has been placed into orbit by human endeavour. Such objects are sometimes called artificial satellites to distinguish them from natural satellites such as the Moon....

 video streaming technologies. It was conceived by Dr. Renato M.E. Sabbatini and collaborators from the Edumed Institute of Campinas

Campinas

Campinas is a city and municipality located in the coastal interior of the state of São Paulo, Brazil. is the administrative center of the meso-region of the same name, with 3,783,597 inhabitants as of the 2010 Census, consisting of 49 cities....

, state of São Paulo

São Paulo (state)

São Paulo is a state in Brazil. It is the major industrial and economic powerhouse of the Brazilian economy. Named after Saint Paul, São Paulo has the largest population, industrial complex, and economic production in the country. It is the richest state in Brazil...

 in 2004, and established as one of the companies in the FranHolding franchise

Franchising

Franchising is the practice of using another firm's successful business model. The word 'franchise' is of anglo-French derivation - from franc- meaning free, and is used both as a noun and as a verb....

 holding

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 created by entrepreneur

Entrepreneur

An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...

 José Carlos Semenzato

José Carlos Semenzato

José Carlos Semenzato is a Brazilian businessman and entrepreneur, founder and president of Microlins educational franchising chain...

. It is jointly owned by Universidade de Uberaba, a private university

University

A university is an institution of higher education and research, which grants academic degrees in a variety of subjects. A university is an organisation that provides both undergraduate education and postgraduate education...

 from the city of Uberaba

Uberaba

Uberaba is a city and municipality in the west of the state of Minas Gerais in Brazil. Its population is 296.000 with an area of 4529.7 km², giving a density of 60.71 people per km². It is located on a plateau at an elevation of 785 meters and is in the Uberaba River floodplain...

, state of Minas Gerais

Minas Gerais

Minas Gerais is one of the 26 states of Brazil, of which it is the second most populous, the third richest, and the fourth largest in area. Minas Gerais is the Brazilian state with the largest number of Presidents of Brazil, the current one, Dilma Rousseff, being one of them. The capital is the...

. The company was terminated in 2008, after the acquisition of Microlins, the parent company, by the Anhanguera Educacional

Anhanguera Educacional

Anhanguera Educacional is the largest private for-profit professional educational company in Brazil by market value and the amount of students, with more than 400.000 students in its education network...

group.