(Alliance News) - Datrix Spa reports that on Wednesday it signed agreements for the progressive purchase of 100 percent of Aramis Srl.

These agreements provide for the initial purchase of a 60 percent majority stake in Aramis, and for the remaining 40 percent there are purchase option rights, to which variable price components are linked subject to the achievement of certain growth and margin targets of the new Machine Learning & Model Serving division.

The company also announces that the combination of the experience and expertise of Aramis and 3rdPlace, already part of the Datrix Group, will give rise to the new player "Aramix," whose main objective is to develop descriptive, predictive and prescriptive data science models that apply AI to management and industrial processes to make them more efficient.

Datrix CEO Fabrizio Milano d'Aragona commented, "This acquisition has significant strategic value for us and contributes to further strengthening the group's Machine Learning & Model Serving division. The birth of Aramix, which combines high-level vertical skills, aims to strengthen Datrix's presence in a very fast-growing market, also through synergies with an international scope."

"With this integration, we will pursue increasingly challenging projects in different industrial fields, strengthening those that refer to the world of artificial intelligence applied to industry, as also envisaged by the PNRR. At the same time, the deployment of scalable and high-impact AI solutions will be accelerated. Our mission focuses on the centrality of the concept of efficiency: it is on efficiency that AI can most support companies of all sizes and industries today," he concluded.

Datrix trades in the green by 4.0 percent at EUR2.33 per share.

By Chiara Bruschi, Alliance News reporter

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