Altia has announced the acquisition of the Data and Artificial Intelligence business from Verne Technology Group, a deal valued at €4.15 million that also includes the integration of the Verne Academy training division. This operation involves incorporating more than 110 specialized professionals, thereby strengthening Altia’s position in the fields of advanced analytics, Artificial Intelligence, and technological training.
The two units acquired by Altia registered combined revenues of €7.7 million and an EBITDA of €0.9 million in 2024, consolidating a deal that adds value and competitiveness for both Altia and Verne Technology Group.
A Strategic Step for Digital Growth
The purchase of this division aligns with Altia’s inorganic growth strategy, focused on key areas such as Data Governance and Artificial Intelligence. The acquired unit is noted for its high specialization in Business Intelligence consulting, real-time interactive reporting using leading technologies like Power BI and Qlik Sense, and in integrating advanced AI solutions with data analytics through platforms like Microsoft Fabric.
Constantino Fernández, president of Altia, emphasized the strategic importance of this operation:
“The incorporation of Verne’s Data and Artificial Intelligence business significantly strengthens our offering in advanced analytics and AI, which are critical areas for the digital growth of our clients. Additionally, we are adding highly qualified talent in cutting-edge technologies, enabling us to continue providing innovative and effective solutions tailored to the current market needs.”
Verne Technology Group, Focus on Telecommunications
Meanwhile, Verne Technology Group is continuing its strategic reorganization process, directing its activities toward the telecommunications sector, with a special focus on network infrastructure projects, fiber optic deployment, and projects related to renewable energy.
Gianni Cecchin, CEO of Verne Technology Group, has positively evaluated the operation:
“We have sought the right partner to ensure that the Data and AI unit, as well as the training area, continue to grow in a highly specialized environment. We are very pleased to have found in Altia a strategic ally that will enhance the team’s achievements and strengthen their positioning.”
Strengthening Talent and Specialized Training
The team being integrated from Verne Technology Group into Altia consists of more than 110 professionals with solid experience and advanced technical skills. This acquisition not only increases the company’s talent pool but also expands its client portfolio in strategic sectors such as banking, telecommunications, retail, and public administrations.
Moreover, the operation includes the integration of Verne Academy, a specialized training platform in Data Analytics, Artificial Intelligence, and advanced digital tools. This enhancement in the educational area will allow Altia to continue providing its clients access to highly trained professionals attuned to the latest technological trends.
A Solidified Growth Strategy
With this operation, Altia surpasses 4,000 professionals in its workforce and reaffirms its role as a leader in advanced technological services. This acquisition adds to other recent ones such as those of Bilbomática, Wairbut, and IN2, confirming the expansion strategy through the incorporation of high-growth potential companies that complement its technological offering and presence in various markets.
Additionally, the operation strengthens Altia’s position both in the national market and internationally, improving its capabilities in Data Analytics, Artificial Intelligence, and training, all of which are essential elements for addressing the challenges of digital transformation.
Source: Altia