Vetrya: announced significant partecipation in Neosperience S.p.A.

Vetrya: announced significant partecipation in Neosperience S.p.A.

Vetrya: announced significant partecipation in Neosperience S.p.A.

Vetrya [VTY.MI], an Italian group listed on the Italian Stock Exchange and recognized leader on the digital services, applications and broadband solution, aims to create an operative and strategic partnership with Neosperience S.p.A. ('Nesosperience'), an innovative Italian SME operating as a software vendor in the digital customer experience, currently on the final roadshow for the admission on the Italian Stock Exchange.

Vetrya, as Cornerstone investor, expressed its willingness in subscribing a significant stake during the IPO (however related to the final listing price) of Neosperience, with an investment of 1 million of Euro, supporting the growing plan, aiming to consolidate its competitive positioning both internally and via external extraordinary operations. In the face of this investment, the founding members of Neosperience, Dario Melpignano e Luigi Linotto, stated their availability to call, within 45 days the negotiations, the ordinary shareholders meeting to expand the Board of the Director with the members indicated by Vetrya.

Luca Tomassini, CEO and Chairman of Vetrya, stated: 'We believe that the progresses made in the field of the artificial intelligence and the machine learning will contribute to deeply change our lives. At Vetrya, we consider our responsibility to invest on technologies inspired by human beings and enhanced by machines. Neosperience proved its know-how on big data and artificial intelligence convergence and we look forward to cooperate with them. We are confident that, together, we will be able to create value innovation for ourselves and our customers.

'This is a partnership that will allow to both the companies to strengthen their offer in a synergic manner: on one hand, Vetrya will see enhanced, through Neosperience Cloud, its ability to provide the best services for its customers, offering them tailored contents; on the other hand, Neosperience will benefit from a significant accelerations in global distribution of its platform, by strategically exploiting the markets in which Vetrya is already operating. Today, we see in this agreement a great potential, considering the added value that together we can create through the investee companies network, especially in the insurtech and blockchain field', added Dario Mepignano, Chairman of Neosperience S.p.A.