(Alliance News) - TXT e-solutions Spa on Wednesday announced a new and strategic partnership with Aras Corporation, vendor of the Aras Innovator low-code PLM platform, complete with applications to govern the design, construction and maintenance of complex products.

Under the agreement with the U.S. vendor, TXT E-Tech, a TXT Group company and end-to-end provider of engineering services and operational technology solutions will assume the role of primary territory partner on the national and international territory, for Italy, Slovenia and Croatia taking over as the main reference for all activities in the mentioned territories, previously in charge of the Italian branch of Aras, as the company explained in a note.

"This partnership represents a further growth opportunity in the TXT Group's offering for the manufacturing world, following the acquisition in July 2022 of 100 percent of the capital of DM Management & Consulting Srl and the MES/MoM platform DMP," the press note reads.

TXT-Solutions trades in the red by 0.7 percent at EUR20.80 per share.

By Claudia Cavaliere, Alliance News reporter

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