Today we signed an agreement with Verne Technology Group for the acquisition of its Data and Artificial Intelligence business unit, also including its specialized training division, Verne Academy. The acquisition is valued at €4.15 million and involves the addition of more than 110 professionals.
This transaction adds value and improves the competitiveness of both companies. On the one hand, we significantly strengthen our position in the fields of data analytics, artificial intelligence, and IT training, while Verne Technology Group continues its strategy of focusing on its core business in the telecommunications sector. The two acquired units had revenues of €7.7 million and EBITDA of €0.9 million in 2024.
The acquisition is part of our inorganic growth strategy, particularly focused on key areas such as Data Governance and AI. The acquired Verne Technology Group business stands out for its specialization in Business Intelligence consulting, real-time interactive reporting using leading technologies such as Power BI and Qlik Sense, and the advanced integration of Artificial Intelligence with data analytics through solutions such as Microsoft Fabric.
Constantino Fernández
President · Altia
“The incorporation of Verne's Data and Artificial Intelligence business is strategic for Altia , as it significantly strengthens our offering in advanced analytics and AI, critical areas for our clients' digital growth. With this transaction, we also gain expert talent in cutting-edge technologies, which will undoubtedly allow us to continue offering innovative and effective solutions tailored to the needs of today's market.”
For Verne Technology Group, this transaction is part of a strategic asset reorganization and management process aimed at focusing its operations on its core telecommunications sector, concentrating its efforts on network infrastructure and connectivity projects, fiber optic deployment, and renewable energy projects in the markets in which it currently operates.
“We have carefully analyzed the strategic alternatives to ensure that the Data and AI unit and the training area can continue to develop in a highly specialized environment, maximizing the team's potential and securing the best partner to support customers" , highlights Gianni Cecchin, CEO of Verne Technology Group, adding that "in this sense, we are very pleased to have found in Altia a reference technology company, whose strategy and commitment will further strengthen the successes achieved by the unit and the entire team in recent years” .
Broad technical skills
The team moving from Verne Technology Group to Altia is made up of professionals with a solid track record and extensive technical skills, whose profile fits perfectly with the group's vision for development and expansion. Furthermore, the acquisition provides a robust and diversified client portfolio, allowing us to strengthen our competitive position in key sectors such as banking, telecommunications, retail, and public administration.
Along with technological integration, we also incorporated Verne Academy, reinforcing our commitment to specialized technical training. This educational platform offers advanced programs in Data Analytics, Artificial Intelligence, and digital tools, thus complementing the value proposition to our clients, who demand increasingly specialized profiles trained in emerging technologies.
With this new acquisition, we surpass 4,000 professionals and continue to strengthen our position as a leader in advanced technology services. This transaction follows recent acquisitions such as Bilbomática, Wairbut, and IN2, confirming our strategy of acquiring businesses with high growth potential that complement our technological offering and/or presence in different markets. Furthermore, we strengthen our position in the Spanish and international technology market by optimizing our capabilities in Data Analytics and Artificial Intelligence and strengthening our training capacity, key factors for addressing current and future digital challenges.
