M&A Deal Summary

Innofactor Acquires Software Innovation Finland Oy

On October 13, 2009, Innofactor acquired internet software and services company Software Innovation Finland Oy

Acquisition Highlights
  • This is Innofactor’s 1st transaction in the Internet Software and Services sector.
  • This is Innofactor’s 1st transaction in Finland.

M&A Deal Summary

Date 2009-10-13
Target Software Innovation Finland Oy
Sector Internet Software and Services
Buyer(s) Innofactor
Deal Type Add-on Acquisition

Target

Software Innovation Finland Oy

Turku, Finland
Software Innovation Finland Oy is an IT-company specialised in CRM systems solutions. The company was founded in 1986 and is based in Finland

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Buyer(S) 1

Buyer

Innofactor

Espoo, Finland

Category Company
Founded 2000
Sector Information Technology
Employees583
Revenue 80M EUR (2023)
DESCRIPTION

Innofactor is a provider of cloud solutions and digital transformation. Innofactor was founded in 2000 and is based in Espoo, Finland.


DEAL STATS #
Overall 1 of 6
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Finland M&A 1 of 2
Year: 2009 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-25 Bridgeconsulting A/S

Copenhagen, Denmark

Bridgeconsulting is focusing on providing Business Intelligence, Data Warehousing and Corporate Performance Management solutions. The company is highly ranked Microsoft Business Intelligence Partner in Denmark, and has been awarded as the Microsoft’s business intelligence partner of the years 2009 and 2010 in Denmark.

Buy €2M