TXT e-solutions S.p.A.

TXT

IT0001454435

Software

Market Closed - Borsa Italiana Other stock markets 11:45:00 2025-12-12 am EST			5-day change	1st Jan Change
30.50 ^EUR	-0.65%		+0.16%	-13.11%

Dec. 04	Fincantieri promoted to FTSE Mib; Interpump moves to Mid-Cap	AN
Nov. 25	Mib continues to fall; strength in Saipem and Leonardo	AN

TXT e-solutions grows in AI services by taking over majority stake in Arcan

Published on 12/20/2023 at 11:51 am EST - Modified on 12/20/2023 at 11:52 am EST

Alliance News - Translated by Marketscreener - See original

TXT e-solutions S.p.A.

-0.65%

(Alliance News) - TXT e-solutions Spa announced Wednesday that it has subscribed for a capital increase in Arcan Srl.

Under an investment "not significant in terms of cash flow," TXT will take over 51 percent of Arcan, whose accounts it consolidates as of today.

Arcan is an Italian innovative start-up founded by two young entrepreneurs -- both with Ph.D.'s in Computer Science -- that develops B2B SaaS platforms to support developers and IT managers during the development of software products. Arcan's strength is the detection by artificial intelligence of "Technical Debt," a problem that costs USD500 billion annually in the World and whose management is strategic for software development companies.

"We are pleased to contribute to the development of an innovative project based on artificial intelligence by two young entrepreneurs with strong specializations in Computer Science," said Daniele Misani, CEO of TXT. "With Arcan, the TXT group expands its portfolio of smart solutions with a strengthened positioning in the area of software quality.

TXT e-solutions' stock closed Wednesday up 4.1 percent to EUR19.30 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Latest news about TXT e-solutions S.p.A.

Dec. 04	Fincantieri promoted to FTSE Mib; Interpump moves to Mid-Cap	AN
Nov. 25	Mib continues to fall; strength in Saipem and Leonardo	AN
Nov. 25	Milan the only market down; Stellantis and Leonardo perform well	AN
Nov. 25	Futures Point to Lower Open; Mib Rebounds from 42,200 Points	AN
Nov. 24	European Markets Mixed; Mib Down on Dividend Payments	AN
Nov. 24	TXT e-solutions has acquired treasury shares worth over EUR225,000.	AN
Nov. 18	TXT e-solutions purchased 3,610 of its own ordinary shares	AN
Nov. 14	Futures expect stock markets to fall, with the exception of the DAX	AN
Nov. 13	TXT e-solutions S.p.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI
Nov. 13	TXT e-solutions S.p.A., Q3 2025 Earnings Call, Nov 13, 2025
Nov. 13	European markets down, Azimut plummets on the Mib	AN
Nov. 13	TXT e-solutions closes nine months with double-digit indicators	AN
Nov. 04	TXT Group Gets ESG-linked Loan from Crédit Agricole	MT
Oct. 30	TXT e-solutions Provides Update on Share Buyback Program	AN
Oct. 15	European Markets Poised to Rise After Fed's Dovish Signals	AN
Oct. 14	Mib loses ground; strength in Generali and FinecoBank	AN
Oct. 13	TXT e-solutions provides update on status of its buyback program	AN
Oct. 03	TXT e-solutions buys over 6,100 treasury shares for EUR194,000	AN
Sep. 15	TXT e-solutions Buys Back 2,932 of Its Own Shares	AN
Sep. 08	TXT e-solutions Wraps Up Purchase of Minority Stake in Altilia	MT
Sep. 08	TXT e-solutions acquires 10% of Altilia's shares	AN
Sep. 02	TXT e-solutions Continues Buyback, Acquires Shares Worth EUR 331,000	AN
Sep. 02	Mib bullish; Eurozone inflation expected	AN
Sep. 01	US markets orphaned, Leonardo leads the Mib	AN
Aug. 28	Markets Open Strongly, Utilities Weigh on Mib	AN

Chart TXT e-solutions S.p.A.

Duration

Period

TXT: Dynamic Chart

Company Profile

TXT e-solutions SpA is an Italy-based company engaged in the information and communication technologies (ICT) market. It provides software and services-based solutions to enterprises. The Company structures its business into two main segments: TXT Perform and TXT Next. In the TXT Perform segment, it designs and develops software and IT solutions for fashion and luxury, specialty retail, consumer packaged goods (CPG) and discrete manufacturing sector. Through the TXT Next segment, the Company offers system integration and IT services to such sector as aerospace and defense, high-tech manufacturing, and banking and finance. It operates through subsidiaries: TXT e-solutions Ltd, the United Kingdom; TXT e-solutions GmbH, Germany; TXT e-solutions SL, Spain; TXT e-solutions Sarl, France; Maple Lake Ltd, Canada and Maple Lake Australia Pty Ltd, Australia amd PACE Aerospace Engineering and Information Technology GmbH.

Employees

3,345

Sector

Software

Calendar

Mar. 04 - Q4 2025 Earnings Release (Projected)

More about the company