Announced
Completed
Financials
Sources
Tags
Acquisition
engineering software
Software
Cross Border
Friendly
Germany
Majority
Private
Completed
Single Bidder
Synopsis
Sesa, an Italian company providing IT solutions to corporations throughout the world, completed the acquisition of a majority stake in SmartCAE, a company that develops engineering software solutions on Siemens Industries Software platforms. Financial terms were not disclosed. The partnership deal is part of Sesa Group's broader strategy of investing in projects geared toward developing its vertical digital competencies in sectors of strategic importance to the European economy, supporting the digital transformation of businesses and organizations.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.