M&A Deal Summary

Phonera Företag AB Acquires Ventelo Hosting AS

On February 25, 2011, Phonera Företag AB acquired internet software and services company Ventelo Hosting AS for 22M NOK

Acquisition Highlights
  • This is Phonera Företag AB’s 1st transaction in the Internet Software and Services sector.
  • This is Phonera Företag AB’s largest (disclosed) transaction.
  • This is Phonera Företag AB’s 1st transaction in Norway.

M&A Deal Summary

Date 2011-02-25
Target Ventelo Hosting AS
Sector Internet Software and Services
Buyer(s) Phonera Företag AB
Deal Type Add-on Acquisition
Deal Value 22M NOK

Target

Ventelo Hosting AS

Oslo, Norway
Ventelo Hosting AS is a provider of hosting services.

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Buyer(S) 1

Buyer

Phonera Företag AB

Malmo, Sweden

Category Company
Sector Communications
DESCRIPTION

Phonera creates profitable growth by offering cost-effective and modern communication and server solutions for telephony, Internet and Hosting.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Norway) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1