myLoc acquisition
(World News Austria)

PRESS RELEASE WIIT ENTERS GERMANY, A KEY MARKET FOR FUTURE DEVELOPMENT, WITH THE ACQUISITION OF MYLOC MANAGED IT AG A TRANSACTION ABOVE EURO 50 MILLION Milan, September 19, 2020 - WIIT S.p.A. ("WIIT" or the "Company"; ISIN IT0004922826; WIIT.MI), a leading Italian player in the Cloud Computing market of enterprises demanding uninterrupted Hybrid Cloud and Hosted Private Cloud services for critical applications and listed on the STAR segment of the Italian Stock Exchange organised and managed by Borsa Italiana S.p.A., announces the signing of an agreement (the "Contract" or "SPA") for the acquisition of 100% share capital of myLoc managed IT AG...