Telefónica Tech closes the acquisition of 100% of BE-terna

Telefónica Tech, a leading company in digital transformation, has today closed the acquisition of BE-terna for up to 350 million to become a leading player in technology services in Europe. With this acquisition, announced on 9 May, Telefónica Tech continues its organic and inorganic growth strategy and has already acquired a total of seven companies since its creation in 2019 (Govertis, iHackLabs, Altostratus, Geprom, CANCOM UK& I, Incremental and BE-terna).

© image by Telefónica Tech (from left to right): Christian Kranebitter (founder of BE-terna), José Cerdán (CEO of Telefónica Tech) and Bernhard Lang (CEO of BE-terna)