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Announced

Completed

Zucchetti completed the acquisition of Piteco from Dedagroup.

Synopsis

Zucchetti, a software developer, completed the acquisition of Piteco, a financial software maker, from Dedagroup, a SaaS company. Financial terms were not disclosed. “Our goal in acquisitions is always to enrich our offer with innovative solutions already known and appreciated by the market. Piteco’s applications for corporate treasury and financial planning, together with those of the subsidiary Myrios for risk management, they are complementary to Erp and other technological solutions that we develop within the group; they will give further added value to our customers thanks to features that are increasingly required to make the most appropriate choices in terms of business strategies," George Mini, Zucchetti Vice President.

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