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New Deal


Announced

Telefónica to acquire Geprom.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Majority

Friendly

Acquisition

Single Bidder

Software

software development

Spain

Private

Pending

Synopsis

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Telefónica, a multinational telecommunication company, agreed to acquire Geprom, a software developer. Financial terms were not disclosed. “We have always believed that the success of the digital transformation of the Industry lies in working from the need of the factory to the technology together with the talent of the people. Being part of Telefónica Tech will allow us to accompany clients towards the Smart Factory with more capabilities and services, by combining our expertise in Industry with its extensive value proposition and experience in said sector in areas such as connectivity, communications and infrastructures, key services to ensure the digital transformation of the industry," Darío Cesena, Geprom CEO.

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