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Mondadori Agreement – Closing

June 4, 2024

Business

Printable version

Mondadori Agreement – Closing

Two-Year Agreement Worth Approximately €1M Finalised Between Datrix Group and Direct Channel to Innovate the Publishing Market

Milan, 4 June 2024 — Further to the announcement made on 16 May 2024 Datrix S.p.A. (‘Datrix‘ or the ‘Company‘), a company listed on Euronext Growth Milan (ISIN code IT00054683), the parent company of an international group that develops Artificial Intelligence solutions and applications to accelerate the data-driven growth of companies through highly specialised tech companies, announces that on 31 May, 2024 was finalised the strategic agreement with Direct Channel S.p.A. (‘Direct Channel‘), a subsidiary of Mondadori Media, part of the Mondadori Group.

The closing of the deal with Direct Channel of the Mondadori Group marks a pivotal moment in Datrix’s mission to promote the concrete application of AI-based technologies to business, transforming data into value with a positive and tangible impact for customers, improving user engagement and increasing business performance.

About Datrix

Datrix is an international Group listed on Euronext Growth Milan that develops Artificial Intelligence solutions and applications to accelerate data-driven growth of companies through highly specialized tech companies in vertical markets.

The Group is active with AI-Based solutions in 2 business areas: AI for Data Monetization (to maximize growth opportunities in the Martech, AdTech and FinTech sectors by transforming data into tangible value) and AI for Industrial/Business Processes (to optimize the efficiency of industrial and business processes including e.g. power plants, transportation infrastructure, manufacturing and logistics processes).

Since 2019 Datrix has also accelerated its growth path through acquisitions in Italy and abroad. The following brands are now part of the Datrix Group: Adapex, Aramix, ByTek, FinScience.

Datrix is also a technology partner of international consortia for important R&D projects (funded by the European Union and Italy) based on Artificial Intelligence algorithms in Lifescience/Healthcare, Social Well-being, Cybersecurity.

Datrix operates in Italy, the United States and UAE.

Read more at datrixgroup.com.

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