Seco, a high-tech Aretina company for computer miniaturization and IoT software solutions, has signed an agreement for the acquisition of the majority of Inspira’s share capital, start up specialized in middleware solutions and pen source software for
The transaction involves the acquisition of a 70% Inspired share through a mix of capital increase and purchase shares. Managing shareholders Marco Oggioni, Davide Bettio together with Founder & Ceo Dario Freddi, will remain in the company and will continue to manage the company together with Seco.
Inspired is a startup that provides integrated solutions to companies that enter the world of IoT and embedded, accessible and ready to use for optimized field data management.
Data orchestration for l’IoT
Among the top products of Inspired is Astarte, a platform of data orchestration and artificial intelligence specialized for the IoT.
Launched in mid 2019, Astarte is an open source data orchestration solution (also considered by Gartner) that integrates all the components necessary to exchange, analyze and orchestrate data between devices and applications, with particular attention to security,
The transaction is part of the Seco strategy of completing its technology and product portfolio within the IoT.
With the acquisition of the software skills of Inspired Seco will be able to make available and usable on cloud the data collected in the field through its systems of edge computing.
For the acquisition transaction, Seco was assisted by Value Track as Financial Advisor and due diligence by Deloitte, the firm Ristuccia Tufarelli & Partners and Studio Lomarini.
Who is Secus?
Seco, a company founded in 1979 by Daniele Conti and Luciano Secciani, is an Italian centre of excellence in the field of high technology for the miniaturization of computers and the IoT. It is part of the Italian Technology and Growth Fund managed by the Italian Investment Fund SGR,Since 1979, the company has been designing and producing from the single Micro Computer to integrated systems and…ready to use The main industrial sectors in which SECO products are used are biomedical, wellness, industrial automation and transport. The company is one of the founders of the international standard of miniaturization of the computer Qseven and includes among its technological partners the most important high-tech companies worldwide such as Intel, Microsoft, AMD, NXP, NVIDIA, Wind and Tele
Seco has collaborations with universities, research centres and startups and operates on a global scale with offices in Italy, Germany, the United States, India and Taiwan with more than 380 employees.
The industrial sectors in which Seco products are used range from biomedicine to well-being, from industrial automation to transport with market leaders, such as Cimbali, Esaote, Evoca and Technogym.
Seco extended its range in 2019 by completing two important acquisitions. In China, it has taken over a majority share in the capital of Fannal Electronics CO. Ltd by strengthening investment in research and development and production capacity. In the USA, it has acquired 100% of InHand Electronics, a Maryland based company, specialized in the design and production of low-consumption rugged microcomputers, mobile devices and software for OEM manufacturers of portable devices, IoT, for military/de