Inter Milan have sign Algerian forward Ishak Belfodil from Parma for an undisclosed fee, the 2010 Champions League winners said on their official website Friday.
The 21-year-old has signed a five-year deal through to June 2018.
The transfer fee is rumoured in the Italian press to be around 10 million euros ($13 million).
"Inter are a great team, I'm really delighted and I hope to do well here," said the player who came through the ranks at French club Lyon.
Last season he scored eight goals in 33 matches for Parma.
Inter also announced that Argentine international goalkeeper Juan Pablo Carrizo had extended his contract until 2015.