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Announced

Cyfrowy Polsat completed the acquisition of 22% stake in Asseco Poland for £236m.

Synopsis

Cyfrowy Polsat, Polish media and telecommunications company, completed the acquisition of 22% stake in Asseco Poland, an IT company, for £236m. Both companies’ future and development is based on an ability to create and implement products and services with the use of cutting-edge technologies. "An additional stimulus for Cyfrowy Polsat to its capital engagement in Asseco Poland is the fact that the IT sector is a driving engine of almost all sectors of Polish, European and the world’s economies. The cooperation of both companies may thus be a natural step in times of development of the Economy 4.0, founded on IoT, big data or cloud computing and 5G," Miroslaw Blaszczyk, Cyfrowy Polsat CEO.

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