• With this operation, Indra's leading cybersecurity company expands its capabilities, strengthens its offering and accelerates its international expansion, reinforcing its position in the Italian and European cybersecurity market.

• Net Studio is one of the most innovative companies in digital identity, a field that is becoming increasingly relevant in the context of digitalization, and has experienced rapid growth in Italy in recent years.

October 14, 2021. - SIA, Indra's leading cybersecurity company, becomes one of the leading companies in the cybersecurity sector in Italy and strengthens its leadership in Europe following the acquisition of Net Studio, a highly innovative Italian company that has made its mark in the digital identity and access management market, thanks to one of the most complete solution portfolios and top-quality customer service.

This acquisition allows SIA to strengthen and expand its capabilities in digital identity, an area with great growth potential, and to bring to its customers a more robust offering and a more far-reaching service. It also accelerates its international expansion. The company now offers services throughout Europe from its offices in Spain, Portugal, Germany and Italy. In Latin America, it has clients in Colombia, Mexico and Brazil and operations in Panama and Peru, while in Asia it has a unit in the Philippines.

For SIA's CEO, Luis Álvarez Satorre, this operation "makes us one of the main cybersecurity companies in Italy and one of the most relevant competitors in the European market. It consolidates our vocation to be the most advanced company in digital identity solutions, a specialization that is gaining more and more weight in the protection of any organization".

Identity protection is one of the most important levers of growth for companies in the digital era. These services are increasingly demanded by customers to address the challenges that digital transformation has brought; the irruption of cloud systems, the ubiquity of access with the rise of teleworking or automation through robots have turned the user and his identity into the new perimeter of security, a situation that requires new measures and controls to mitigate the risk of cyber-attacks such as impersonation and access or theft of our most precious asset: information.

Net Studio has a team of more than 70 specialists and a customer base, mainly in the Industry, Finance and Energy sectors, which has allowed it to grow rapidly in recent years. Its advanced portfolio of solutions covers digital identity governance, identity management, access management, privileged account management and data governance.

Net Studio CEO Giacomo Parravicini said, "The agreement will help us grow commercially, in capabilities and as a company, much faster and allow us to offer our customers a service far beyond what any other vendor can provide."

The deal boosts SIA's ability to extend trusted identity and electronic signature services to customers in the Italian and European market, providing one of the broadest and most robust portfolios to comply with the European Union's eIDAS Regulation, which simplifies and standardizes digital signatures and identities across Europe, driving the creation of a "single digital market".

SIA, with more than 20 years of experience and a dedicated team of more than 200 specialists in the field of identity management and e-signatures, has more than two million identities managed at leading companies in all industries and handles more than 400,000 signatures per day. In addition to incorporating the talent of Net Studio's professionals, its strengthened leadership will enable the company to attract more talent to the organization and develop new opportunities for its professionals.

Net Studio now has the backing of a leading cybersecurity company such as SIA, with a presence in Europe, Latin America and Asia, and is now part of Indra, a leading global technology and consulting company for which cybersecurity is one of the key growth drivers in its operations around the world. In Italy, Indra also has a strong presence through Minsait, a group company, leader in digital transformation and Information Technology.