Announced
Financials
Sources
Tags
Domestic
Single Bidder
Italy
Private
Acquisition
Friendly
Software
Pending
software company
Majority
Synopsis
Sesa-backed Var Group, an Italian Group in the field of value-added IT solutions for business segment, agreed to acquire YoctoIT, a software company. Financial terms were not disclosed. "We continue to invest in skills to support companies and organizations at such a crucial moment in their evolution. The excellence of technological infrastructures is fundamental to enable the digital transformation of companies and, thanks to YoctoIT's expertise in value services, integrated to those in the Cloud, AI and Security area, we strengthen our role as a reference operator in the offer of IT solutions for SME & Enterprises," Francesca Moriani, Var Group CEO.
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