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Greek information technology firms have kept their promise of strategic expansion through acquisitions over the first seven months of 2025.
Activity has been intense, with six important deals closing in just one months, with two more under way.
The IT sector has sought to take maximum advantage of the significant funds flowing their way from the European Union’s Recovery and Resilience Fund.
Acquiring small and medium-sized firms helps the bigger ones access specialized IT personnel and their know-how; it also helps expansion into new markets and hot technologies, such as artificial intelligence and cybersecurity.
The latest acquisition move was by Real Consulting, about to join the Athens Stock Exchange’s main board; early in July, it announced that it had acquired a 95% stake in Romania’s Smart UX Development for €2.736 million, allowing it to strengthen its products aimed at utilities such as energy, natural gas and water firms.