(Alliance News) – Telecom Italia Spa and CDP Venture Capital announced on Monday the signing of a protocol agreement “aimed at identifying innovative start-ups and SMEs with high potential for mutual interest, equipped with critical technologies for digital sovereignty, coming from the CDP Venture Capital portfolio or the TIM prospecting flow, and to evaluate possible initiatives for industrial, commercial, and technological collaboration,” the press release said.
The agreement “is in line with the objective of strengthening Italy’s ability to develop and enhance national technologies in strategic areas for the country’s digital sovereignty, by providing a coordinated set of industrial skills, technological capabilities, and financial resources. The goal is to accelerate the development of innovations in areas such as artificial intelligence, cybersecurity, cloud, smart cities and infrastructure, defense, as well as new technological services and facilitators in the consumer sector,” the companies continued in their statement.
TIM’s share price rose by 1.3% to 0.60 EUR per share.
By Chiara Bruschi, Alliance News reporter
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