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Aricoma Acquires Luxembourg – Based Developers Neofacto

The acquisition is expected to strengthen Aricom’s position in the European market and expand its reach into new markets. **Key Points:**

* **Acquisition of Neofacto:** Aricom acquires Luxembourg-based developers Neofacto. * **Rationale for Acquisition:** Aricom seeks to strengthen its position in the European market and expand its reach into new markets. * **Impact on Aricom:** The acquisition is expected to boost Aricom’s IT solutions and services offerings. * **Neofacto’s Expertise:** Neofacto specializes in software development, particularly in the areas of mobile and web applications.

The acquisition of Neofacto is expected to accelerate the growth of Aricoma’s IT services business in the Benelux and Germany. It is predicted that the combined entity will be able to capitalize on the large customer base of both companies. The acquisition also brings significant benefits for Aricoma’s internal operations, including streamlining and optimizing internal processes, improving resource allocation, and strengthening the company’s position in the IT market. In addition to the financial benefits, the acquisition offers valuable synergies that will help Aricoma expand its market reach, improve its customer service, and enhance its brand image.

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