Swiss Post acquires majority of a software company in western Switzerland
Swiss Post has acquired a majority stake in T2i, a software and services provider based in western Switzerland. The move will enable Swiss Post to better support public authorities and businesses in driving the digitization of their processes.
With the majority stake, Swiss Post is investing in a company that is active in various areas of digitalization in French-speaking Switzerland, the Post announced on Thursday. Although Swiss Post will own 51 percent of the company in the future, T2i will continue to operate as an independent company, the statement added.
Founded in 1983, T2i is headquartered in Sierre, Switzerland, and employs 130 people and two apprentices, according to a statement.
Swiss Post has been expanding in the digital business for some time. For example, it acquired a majority stake in Swiss software company Unblu on Nov. 1, 2022, according to a statement Wednesday. In July, it also acquired Hackknowledge, a cybersecurity company based in western Switzerland. (Werbewoche.ch reported). Further it bought companies of the electronic advertising market and the Company Lifesystemswhich delivers news to numerous screens, for example on public transport. (SDA)
