Brief: Seco And Camozzi Digital Sign An Industrial Partnership To Accelerate Growth In Iiot Market

Seco SpA

29/04/2022 19:07

April 29 (Reuters) - Seco SpA  IOT.MI :
    * SECO AND CAMOZZI DIGITAL SIGN AN INDUSTRIAL PARTNERSHIP TO
ACCELERATE GROWTH IN IIOT MARKET
    * SECO SPA - AGREEMENT ENVISIONS TRANSFER, BY CAMOZZI
DIGITAL, OF
UNIT INCLUDING A PART OF EMPLOYEES AND IP ASSETS WITH A VALUE OF
EUR 50M
    * SECO SPA - SECO FORECASTS TOTAL INCREMENTAL SAAS REVENUES
FOR
CA. EUR 50M IN THREE-YEAR PERIOD 2023-25, OF WHICH CA. EUR 14M
ALREADY IN 2024
    * SECO SPA - CAMOZZI DIGITAL WILL TRANSFER A BUSINESS UNIT
AND
ASSETS WITH A VALUE OF EUR 50M, ENTERING SHARE CAPITAL OF SECO
WITH A STAKE OF 6.73%

Source text for Eikon:  ID:nBIAbjHr0y 
Further company coverage:  IOT.MI 

 ((Reuters.Brief@thomsonreuters.com;))