Vetrya S.p.A. (BIT:VTY) agreed to acquire Viralize Srl from Marco Paolieri, Maurizio Sambati, Ugo Vespierfor and Francesco Niutta for €16 million on February 28, 2019. Marco Paolieri will retain his role as a managing director, Maurizio Sambati and Ugo Vespier will retain their role as managers, namely, respectively, as Chief Technology Officer and Chief Product Officer. The transaction consideration is still subject to adjustments based on the 2018 EBITDA and the adjusted EBITDA for the year 2021. Michele Motta and Roberta Russo of NCTM Studio Legale Associato acted as legal advisors to Marco Paolieri, Maurizio Sambati, Ugo Vespierfor and Francesco Niutta. Vetrya S.p.A. (BIT:VTY) completed the acquisition of Viralize Srl from Marco Paolieri, Maurizio Sambati, Ugo Vespierfor and Francesco Niutta on March 6, 2020.