Fedrigoni announces the acquisition of an equity stake in connected solutions pioneer SharpEnd / io.tt
The deal is part of a new corporate venture capital program launched by Fedrigoni to identify start-ups to accelerate its innovation process and acquire new technologies into the group. SharpEnd was founded in 2015 as the world's first Internet of Things (IoT) agency, with a mission to help brands evolve their products, packaging and customer engagement through connected solutions, leveraging a proprietary SaaS (software as a service) platform, launched in 2019, called io.tt that is now managing billions of touchpoints across packaging and retail. Marco Nespolo, CEO at the Fedrigoni Group: “The world of connected products is increasingly strategic for us, and this deal, strongly synergic with the recent acquisitions of Tageos and the Grenoble R&D Center, will enhance our solutions portfolio in the world of smart labels and papers”.
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