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TIM Acquires 100% Stake in Italian Cloud Firm Noovle

TIM Acquires 100% Stake in Italian Cloud Firm Noovle Image Credit: Noovle

TIM has signed an agreement to acquire 100% of Noovle, an Italian ICT consultancy and system integration company. Noovle is one of Google Cloud’s main partners in the Italian market. 

The transaction will allow TIM to expand its innovative public,private and hybrid cloud services offer and strengthen service skills to accelerate business digitalisation, including for SMEs, large industry, the Public Administration and healthcare. With this acquisition, TIM’s path with Google will gather significant speed through the future creation of its own new co dedicated to cloud and edge computing services.

Since its launch, Milan based Noovle has been working on innovative technological solutions to improve services across various areas, such as the provision of virtual IT infrastructures, remote working, customer experience and Artificial Intelligence. It boasts in-depth technical expertise with over one hundred professionals certified in the development of web and mobile applications based on the Google Cloud. It also works as an innovative technology integrator for the development of cloud-based solutions to digitise institutions, businesses and PAs. 

Carlo D'Asaro, Blondo, EVP Cloud Project, TIM
With the synergies it will bring, we expect a significant acceleration on the supply front and strengthening of our position on the market. 

Paolo Vannuzzi, CEO, Noovle
Noovle has always developed digital transformation projects by accompanying institutions and companies on their evolutionary path to connected and interoperable supply chains. We are proud to be part of such a wide-ranging innovative project.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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