The international tech giant, Stefanini Group, has announced its recent acquisition of Solve.it, an Italian IT consulting company. This strategic move is expected to supercharge Stefanini’s market position and kick-start its growth in Italy and Europe.
Stefanini Group Announces Acquisition of Solve.it”
The Stefanini Group, a renowned global tech firm helping clients with their digital transformation, has acquired Solve.it, a specialist in IT consulting, application development, and management services. With this smart acquisition, Stefanini Group plans to enhance its market power and fast-track its expansion plans in Italy and Europe. Solve.it’s adept expertise in IT and Operations Management services has proven to be a significant addition to Stefanini’s portfolio, further bolstering its position in the global tech landscape.
Impact of the Acquisition on Business Landscape
Solve.it’s acquisition promises to transform Stefanini’s business landscape positively. Moreover, Stefanini’s team in Italy will expand to over 300 people, thanks to Solve.it’s workforce. Adding to its strategic victories, Solve.it’s rich customer portfolio will amplify Stefanini’s reach with global Italian brands. The transaction solidifies Stefanini’s commitment to staying at the forefront of tech solutions while expanding its foothold in the region.
Strengthens Growth in Italy and EMEA
This acquisition marks Stefanini’s first foray into the Italian market, intending to enhance growth in both Italy and the EMEA region. The local approach to business, broad client base, and high customer satisfaction were key factors influencing Stefanini’s decision. The company strives to continue Solve.it’s legacy of near-perfect contract renewal rates and high customer satisfaction.
In conclusion, this strategic acquisition by the Stefanini Group is a significant move to solidify its position in Italy and the EMEA region. By assimilating Solve.it’s portfolio and skills, Stefanini aims to enhance customer satisfaction, increase its workforce, and expand its market reach, ensuring continued growth in the future.
Don’t miss our latest Startup News: Conprosys: The Game-Changing Catalyst in IoT Deployment