The Digital Box Transfers Majority Stake to Australia's Vection Technologies
Deal News | Mar 17, 2025 | Legal Community Italy
The Digital Box, an Italian firm specializing in generative artificial intelligence, has sold a majority stake to Vection Technologies, an Australian company listed on the Sydney Stock Exchange and known for providing innovative technological solutions and spatial computing. Legal advisors at Lca, consisting of Benedetto Lonato, Edoardo Berni, and Martina Lacalamita, assisted the founders and management of The Digital Box during the transaction. The deal was executed as a share-for-share swap, resulting in the selling shareholders receiving new shares from Vection Technologies. Financial advisors from 74 Advisory, represented by Virgilio Picca of Hybris Corporate Finance, played a crucial role in structuring the transaction.
Sectors
- Artificial Intelligence
- Technology
Geography
- Italy – The Digital Box, the target company, is an Italian company involved in the transaction.
- Australia – Vection Technologies, the acquiring company, is based in Australia and listed on the Sydney Stock Exchange.
Industry
- Artificial Intelligence – The Digital Box operates within generative artificial intelligence, making this sector crucial to the transaction.
- Technology – Vection Technologies is recognized for its innovative technological solutions, aligning the deal within the technology sector.
Financials
- Not specified – The deal was executed entirely as a share-for-share swap; no specific financial valuation is provided.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The Digital Box | Target Company | Company | An Italian company specializing in generative artificial intelligence. |
| Vection Technologies | Bidding Company | Company | An Australian company listed on the Sydney Stock Exchange, known for innovative technological solutions and spatial computing. |
| Lca | Legal Advisor | Company | Provides legal support to The Digital Box in the transaction. |
| Orienta Vsp | Financial Advisor | Company | Assists with financial advisory services in the transaction. |
| Hybris Corporate Finance | Financial Advisor | Company | Provides financial advisory services through 74 Advisory. |
| Benedetto Lonato | Legal Advisor | Person | Part of the Lca team assisting in the transaction. |
| Edoardo Berni | Legal Advisor | Person | Part of the Lca team assisting in the transaction. |
| Martina Lacalamita | Legal Advisor | Person | Part of the Lca team assisting in the transaction. |
| Virgilio Picca | Financial Advisor | Person | Partner at 74 Advisory, involved in structuring the transaction. |