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New Deal


Announced

SECO to acquire Ispirata.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Italy

Majority

Private

Single Bidder

Friendly

software development

Pending

Software

Acquisition

Domestic

Synopsis

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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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