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Engineering acquisition of OmnitechIT completed

PRESS RELEASE

ENGINEERING ACQUISITION OF OMNITECHIT COMPLETED. REBRANDING OF THE COMPANY TO BE CALLED CYBERTECH LAUNCHED

With a solid European leadership in the IT security segment and a turnover of 28 million euro in 2018, the entry of OmnitechIT – from now on Cybertech – as part of the Engineering Group represents further consolidation in a highly strategic area.

On the industrial front, the operation aims to expand the range of Cybersecurity solutions that Engineering will integrate into its offer. At system level, Engineering confirms its role as an aggregator of the best Italian skills for allowing them to grow in the world through its international presence and major investments in R&D.

Rome, 15 March 2019 – Engineering, one of the leading global companies that supports and guides public and private companies in Digital Transformation through its Engineering D.HUB subsidiary, has completed its acquisition transaction of 51% of OmnitechIT. The latter was founded in Italy and, since 2007, has been able to establish itself as the number one national operator specialized in Cybersecurity as well as one of the main European players; in 2018, it achieved a turnover of 28 million euro and had a team of 300 people with specific skills of the highest level.

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