Seeweb acquires MondoServer and makes its positioning in the South of Italy stronger

Milan, 29 April 2021. DHH S.p.A. (“DHH”) (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), the cloud computing provider of Southeast Europe, announces that Seeweb Srl (“Seeweb”) acquired the assets of MondoServer (www.mondoserver.it), a cloud hosting and cloud computing provider active on the Italian market since 2003. It is the fourteenth M&A deal executed by the DHH group since the foundation in 2015.

Antonio Baldassarra, CEO of Seeweb, comments: “We are happy to include MondoServer in Seeweb. It is a small deal that makes our positioning in the South of Italy stronger. MondoServer is from Puglia, a geographical area where the demand for cloud computing products grew significantly in the last 5 years. Furthermore, Puglia is a territory characterized by a strong technology environment, with several business incubators, good universities, and many new startups and entrepreneurial projects that are launched each year. The mission of DHH is to stay close to all the territories that are perceived as one step behind with respect to the more mature markets, but that have good talents and potential for future growth. This is the meaning of this deal and the reason why, after the transaction, we are eager to develop our cooperation with Fabio and Sebastiano, the founders of MondoServer, even more, starting a new journey as “Seeweb Community Partner”. The goal is to build a very relevant presence in the local area, starting from what the company already achieved in these years.”