List of 47 Software Companies that have Acquired in Norway

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Microsoft NASDAQ : MSFT Redmond, Washington, United States website	Software	211,915	226	213	13
Oracle NYSE : ORCL Austin, Texas, United States website	Software	52,961	134	132	2
Visma PE Backed GIC HgCapital Alberta Investment Management Corporation (AIMCo) General Atlantic TPG 2017-06-29 Oslo, Norway website	Software	622	91	87	4
Volaris Group Private Mississauga, Ontario, Canada website	Software	-	81	80	1
SAP NYSE : SAP Walldorf, Germany website	Software	35,167	66	61	5
Autodesk NASDAQ : ADSK San Rafael, California, United States website	Software	5,005	64	60	4
The Descartes Systems Group NASDAQ : DSGX Waterloo, Ontario, Canada website	Software	486	55	54	1
Enghouse Systems Toronto (TSX) : ENGH Markham, Ontario, Canada website	Software	345	50	50	-
Bentley NASDAQ : BSY Exton, Pennsylvania, United States website	Software	1,228	42	41	1
JDM Technology Group Private Vancouver, British Columbia, Canada website	Software	-	25	25	-
ECI Software Solutions PE Backed Leonard Green & Partners 2020-11-19 Fort Worth, Texas, United States website	Software	-	24	24	-
Aspen Tech NASDAQ : AZPN Bedford, Massachusetts, United States website	Software	1,044	24	23	1
Advania PE Backed VIA equity a/s IK Partners 2018-08-04 Stockholm, Sweden website	Software	-	20	20	-
IFS PE Backed EQT TA Associates HgCapital 2015-11-30 Linköping, Sweden website	Software	-	20	19	1
Avid PE Backed STG Sixth Street Partners 2023-08-09 $1.4B Burlington, Massachusetts, United States website	Software	417	21	19	2
PGI Private Alpharetta, Georgia, United States website	Software	567	18	17	1

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