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Telefónica España buys 10% of OGA to boost AI and defense solutions

TechnologyInternationalLa Vanguardia40 s readAI summary
Image: La Vanguardia

Telefónica España has closed the purchase of a 10% stake in OGA, a Seville-based company specialized in artificial intelligence and operations research to optimize critical processes in industry, logistics, retail, energy, health and defense. The deal combines the equity stake with a commercial and technical alliance to integrate OGA's solutions into Telefónica's B2B services catalog. OGA will keep its independence and Telefónica will not sit on its board of directors.

In 40 seconds

  • Telefónica España acquires 10% of OGA, a Seville-based AI and operations research firm it had already been working with for two years.
  • The agreement includes a commercial and technical alliance to integrate OGA's solutions into its catalog of services for companies and public administrations.
  • The deal is part of the Transform & Grow plan and aims to strengthen its offering in AI applied to industry, with a focus on defense.
Read the full story at La Vanguardia

IASummary generated by artificial intelligence from a story by La Vanguardia. It may contain errors: the original source prevails.

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