The Italian Tech Sector Is Getting A Boost From Big U.S. Partners

Feb 08, 2016 589

by Marcello Mari

With a little help from some big American companies, the Italian technology sector is taking off in the early part of 2016. Last month, the American tech behemoth Cisco Systems announced a series of strategic commitments in Italy that will total $100 million over the next three years.

Cisco signed an agreement with the Ministry of Education, University and Research (MIUR) to provide training to teachers and students through the Cisco Networking Academy. As the first step in developing the Italian startup ecosystem, the tech giant is pursuing investment opportunities together with Invitalia Ventures, a national venture capital firm.

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