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Olivetti acquires 7% of Italian IoT services company SECO

Friday 30 April 2021 | 09:52 CET | News
Tuscany-based high-tech company SECO has confirmed that Telecom Italia ICT services subsidiary Olivetti acquired 7.5 million shares in its recent IPO. The shares are equivalent to 7 percent of SECO's final capital, which could lead to a collaboration. "SECO has decided to allocate the order in order to start a dialogue with Olivetti, with the aim of building an industrial partnership," said SECO in a statement.

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Categories: General
Companies: Olivetti / Telecom Italia / TIM
Countries: Italy
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