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  5. Advania Acquires THOR Data Center ehf

M&A Deal Summary

Advania Acquires THOR Data Center ehf

On November 16, 2011, Advania acquired internet software and services company THOR Data Center ehf

Acquisition Highlights
  • This is Advania’s 1st transaction in the Internet Software and Services sector.
  • This is Advania’s 2nd transaction in Iceland.

M&A Deal Summary
Date 2011-11-16
Target THOR Data Center ehf
Sector Internet Software and Services
Buyer(s) Advania
Deal Type Add-on Acquisition

Target

THOR Data Center ehf

Hafnarfjordur, Iceland
THOR Data Center ehf is a provider of implementation, project management, logistics and storage, and reporting services.

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Buyer(S) 1

Buyer

Advania

Stockholm, Sweden
Category Company
Sector Software
Employees3,956
DESCRIPTION

Advania is a provider of software, consulting, hardware, information technology operations, hosting, and data center services. The company specializes in providing customers with a diverse but integrated range of solutions and services, a competent and innovative professional staff, and proven managerial skills. Advania is based in Stockholm, Sweden.

DEAL STATS #
Overall 2 of 21
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 17
Country: Iceland M&A 2 of 4
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-01 EJS hf

Reykjavík, Iceland

EJS hf imports and sells computer and software products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-20 HugurAx

Reykjavík, Iceland

HugurAx is a software solution company provides services in the fields of business and financial solutions, management information systems, and software solutions.

Buy -
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