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  5. Addnode Group Acquires Evitbe AB

M&A Deal Summary

Addnode Group Acquires Evitbe AB

On November 6, 2009, Addnode Group acquired information technology company Evitbe AB

Acquisition Highlights
  • This is Addnode Group’s 13th transaction in the Information Technology sector.
  • This is Addnode Group’s 17th transaction in Sweden.

M&A Deal Summary
Date 2009-11-06
Target Evitbe AB
Sector Information Technology
Buyer(s) Addnode Group
Deal Type Add-on Acquisition

Target

Evitbe AB

Vastra Frolunda, Sweden
Evitbe AB is an IT system for customer communications and event administration. The system enables users to communicate interactively through six communcation channels - the Internet, e-mail, SMS, MMS, telephony and Print Direct.

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Buyer(S) 1

Buyer

Addnode Group

Stockholm, Sweden
Category Company
Founded 1987
Sector Engineering
Employees2,710
Revenue 7.8B SEK (2024)
DESCRIPTION

Addnode Group provides design, engineering, and product lifecycle management solutions primarily in the Nordic Region. Addnode Group was founded in 1987 and is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 19 of 48
Sector: Information Technology M&A 13 of 24
Type: Add-on Acquisition M&A Deals 19 of 46
Country: Sweden M&A 17 of 35
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-17 Strand Interconnect AB

Stockholm, Sweden

Strand Interconnect AB is a provider of content management IT services in sweden.

Buy kr40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-14 MapFactory AB

Askim, Sweden

MapFactory AB is a developer, refines and sells solutions based on GPS data and digital map material.

Buy -
Mergr

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