Announced
Financials
Sources
Tags
Italy
Majority
Private
Single Bidder
Friendly
software development
Pending
Software
Acquisition
Domestic
Synopsis
SECO, a high-tech manufacturer of computer miniaturization, agreed to acquire a 70% stake in Ispirata, a software company. Financial terms were not disclosed. "Ispirata is an innovative organization with competencies that represent a key element in the evolution of our business model. EDGEHOG, our IIoT platform’s integration with Astarte, will allow us to bring to the market ready to use solutions that due to the simple and immediate data usability will help our customers in real time business decisions. Speed, in my opinion, is a relevant element in a company’s competitivity," Massimo Mauri, SECO CEO.
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