By Pietro Lombardi 



  Intesa Sanpaolo SpA is teaming up with Alphabet Inc.'s Google and Telecom Italia SpA to accelerate its digitalization. 


  The parties signed a memorandum of understanding under which the Italian bank will get cloud services from Google using Telecom Italia's data centers, they said Thursday in a joint statement. 


  "The Memorandum of Understanding signed today aims to transform Intesa Sanpaolo into a Digital IT Company," said Massimo Proverbio, Intesa's chief of IT digital and innovation. 


  Write to Pietro Lombardi at pietro.lombardi@dowjones.com