Sesa completed the acquisition of a majority stake in SmartCAE.

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.