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TIM acquires Noovle and accelerates its Cloud project

The transaction will allow the Group to expand its innovative service offer for businesses and PA and strengthen its partnership with Google

05/25/2020 - 05:48 PM

TIM has signed an agreement to acquire 100% of Noovle, an Italian ICT consultancy and system integration company specialised in the supply of cloud projects and solutions and 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 newco 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. In addition, since the start of the ongoing health emergency, together with TIM, it has taken steps to answer the Ministry for Technological Innovation and Digitisation’s digital solidarity call for action to offer support to companies and public bodies to guarantee business continuity.

We are happy to welcome Noovle into TIM’s Group. As the reference partner of Google Cloud in Italy, it will allow us to complete our expertise in this sector”, said Carlo D’Asaro Biondo, TIM Executive Vice President - Cloud Project. “With the synergies it will bring, we expect a significant acceleration on the supply front and strengthening of our position on the market. In welcoming Noovle’s professionals, I reflect on the ambitions of TIM’s Cloud project and look forward to the path we are going to take together”.

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”, said Paolo Vannuzzi, Noovle’s CEO.

 

Milan, 25 May 2020

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