Staer Sistemi, here are the turnover, business and customers of the company acquired by Olivetti (Tim)
Olivetti (Tim) acquires Staer Sistemi and accelerates on Iot. All the numbers that emerge from the income statement of the Staer Sistemi company, which also include Vodafone, Wind, Acea, Iren, Enel, Terna, Snam, Engineering, Bombardier, Rai, Esa and Hp among its customers.
Olivetti accelerates in the Internet of Thing with the acquisition of Staer Sistemi.
The digital farm for the IoT of the Tim group has signed an agreement for the acquisition of 100% of Staer Sistemi, system integrator and product developer in the Industrial IoT field.
The operation, informs a note , allows Olivetti to rationalize its distribution chain, accelerate the time to market of its products, guarantee end-to-end control over the entire IoT value chain as well as increase and strengthen references on complex design solutions, also for the development of other IoT business segments (Safety and security Industrial Solutions, Building Management Systems).
"The acquisition of Staer allows us to equip ourselves with multisectoral skills in the development of software and integrated systems, – commented Quang Ngo Dinh , CEO of Olivetti – while allowing us to create value and seize an important opportunity for development and digital evolution ".
Staer Sistemi closed the 2020 financial year with a loss and a debt of over 4 million euros.
All the details on the Roman company acquired by Olivetti.
WHAT STAER SISTEMI ACQUIRED BY OLIVETTI DOES
Founded in 2005, Staer Sistemi srl is based in Rome and has 14 employees.
The company has advanced sectors in the design and integration of software and hardware solutions for the control of plants, machinery and infrastructures, mainly for the energy, utilities and infrastructure, telco and broadcast markets.
As stated on its website , Staer Sistemi designs and develops “turnkey” SCADA systems (HW, SW, installation, configuration and operation courses, maintenance). Furthermore, it creates networks for environmental controls, deals with automation and remote management of water treatment plants, technological installations and industrial complexes.
IN THE FIELD OF TLC
In the field of telecommunications, Staer has created both accessories that are now widespread in the world, such as the EOW (Engineering Order Wire) and modular IP / OSI access routers.
At the moment some of the most important global companies in the sector, such as Nokia Siemens Network, have developed new business opportunities using Staer Sistemi technology with their brand.
THE STRATEGY OF TIM'S DIGITAL FARM
In synergy with the industrial partnership agreement established with Seco – explains the note – the operation allows Olivetti to strengthen the engineering skills of design and production in the IoT field, both for the realization of customized projects and for the standardization of solutions on the shelf.
We recall that last April Olivetti also invested in the Ipo of Seco , a company from Arezzo specializing in the sector of IoT technologies. As part of the offer from the Tim group company, an order has been received for the purchase of approximately 7.5 million shares corresponding to 7% of Seco's post-capital increase.
ACEA, ASPI AND RAI AMONG THE CUSTOMERS OF THE ROMAN COMPANY
Staer Sistemi's customers include not only grid operators (Vodafone, Wind) but also utilities (Acea, Iren, Enel, Terna, Snam) and then Engineering, Autostrade per l'Italia, Bombardier, Rai, Esa, Hp.
THE PARTNERS
With a share capital of 419,000 euros, the company is 63% controlled by Pasquale Picheo, current chairman of the board. The remaining 27% is in the hands of Paolo Sigismondi, chief operating officer.
In addition to the president Picheo and Sigismondi, the director Stefano Buttinelli composes the board of directors.
THE NUMBERS
The Roman company Staer Sistemi recorded a turnover of 2,160,145 euros in 2020, a slight decrease compared to the 2,514,865 euros of 2019.
The company closed the financial year at 31 December 2020 in negative, with a loss of 149,039 euros (against the profit of 16,529 euros in 2019). The costs of production amounted to 3,231,975 euros.
The company boasts a total of tangible fixed assets worth € 8,399, and a total debt of € 4,439,525.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/staer-sistemi-ecco-fatturato-business-e-clienti-della-societa-acquisita-da-olivetti-tim/ on Tue, 05 Oct 2021 12:01:56 +0000.