Soluciones Cuatroochenta S.L. signed an agreement to acquire Cloud Factory Sl for €2 million on December 13, 2022. The consideration of €2 million will be paid in cash of which €1.5 million have been settled at the time of agreement and the rest will be settled through deferred payments. As of year ended 2021, Cloud Factory Sl reported revenue of €0.953445 million.

Soluciones Cuatroochenta S.L. (BME:480S) completed the acquisition of Cloud Factory Sl on December 13, 2022.