30 June 2005

Telecom Italia to invest 200 million € in Olivetti, half of which on R&D

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Olivetti, one of the most historic names in Italian industry, was on Wednesday relaunched by the Telecom Italia group after several years out of the public eye. Between 2005 and 2007, Telecom Italia will invest 200 million € in Olivetti, half of which on R&D. They also announced a collaboration with the acclaimed British designer Jasper Morrison.

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