M&A Deal Summary

Aptilo Networks AB Acquires Service Factory AB

On January 4, 2011, Aptilo Networks AB acquired internet software and services company Service Factory AB from Techstep

Acquisition Highlights
  • This is Aptilo Networks AB’s 1st transaction in the Internet Software and Services sector.
  • This is Aptilo Networks AB’s 1st transaction in Sweden.

M&A Deal Summary

Date 2011-01-04
Target Service Factory AB
Sector Internet Software and Services
Buyer(s) Aptilo Networks AB
Sellers(s) Techstep
Deal Type Divestiture

Target

Service Factory AB

Stockholm, Sweden
Service Factory AB develops and supplies Internet services and access management systems for broadband network operators and service providers in Europe, Japan, and China.

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Buyer(S) 1

Buyer

Aptilo Networks AB

Stockholm, Sweden

Category Company
Founded 2001
Sector Internet Software and Services
Employees85
Revenue 119M SEK (2014)
DESCRIPTION

Aptilo Networks AB is a cloud based software company and a market ruler in solutions to manage data services to control internet access over wireless networks. Aptilo Networks was founded in 2001 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

Techstep

Oslo, Norway

Category Company
Founded 2016
Sector Information Technology
Employees260
Revenue 1.1B NOK (2024)
DESCRIPTION

Techstep is a B2B provider of mobility and communications services. Techstep combines device management, software, hardware, and connectivity into managed services and solutions. Techstep was founded in 2016 and is based in Oslo, Norway.


DEAL STATS #
Overall 1 of 3
Sector: Internet Software and Services M&A 1 of 2
Type: Divestiture M&A Deals 1 of 3
Country: Sweden M&A 1 of 3
Year: 2011 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-18 Aramova

San Francisco, California, United States

Aramova is the pioneer in Intelligent Access Management solutions for Communications and Enterprise Service Providers. Aramova delivers Internet Mobility to its customers by simplifying user experience when connecting across multiple access networks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-05 Aptilo Networks AB

Stockholm, Sweden

Aptilo Networks AB is a cloud based software company and a market ruler in solutions to manage data services to control internet access over wireless networks. Aptilo Networks was founded in 2001 and is based in Stockholm, Sweden.

Sell -