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  5. NetNordic Acquires Suomen Konehuone Oy

M&A Deal Summary

NetNordic Acquires Suomen Konehuone Oy

On June 3, 2020, NetNordic acquired information technology company Suomen Konehuone Oy

Acquisition Highlights
  • This is NetNordic’s 1st transaction in the Information Technology sector.
  • This is NetNordic’s 1st transaction in Finland.

M&A Deal Summary
Date 2020-06-03
Target Suomen Konehuone Oy
Sector Information Technology
Buyer(s) NetNordic
Deal Type Add-on Acquisition

Target

Suomen Konehuone Oy

Espoo, Finland
Suomen Konehuone Oy is a Finnish employee-owned provider of data center solutions and services. The company's primary focus and mission is to act as a trusted partner and help our customers to modernize their data center solutions. Modernization means above all simplification and more agile. Konehuone was formed in 2003 and is based in Espoo, Finland.

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Buyer(S) 1

Buyer

NetNordic

Lysaker, Norway
Category Company
Founded 2001
Sector Communications
Employees650
Revenue 850M NOK (2016)
DESCRIPTION

NetNordic is a vendor of telecommunications systems. Company delivers Service Provider networking equipment, as well as production platforms for voice and video applications. NetNordic was founded in 2001 and is based in Lysaker, Norway.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Finland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-06 Intelecom Group AS

Oslo, Norway

Intelecom is an enterprise communications solution provider that implements and operates advanced communication solutions. The company has a strong customer base comprising of large public agencies, blue chip corporate and large to mid sized companies.

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