Add-on Acquisition • Internet Software and Services

Telio Telecom AS Acquires Bellit AS

On April 28, 2010, Telio Telecom AS acquired internet software and services company Bellit AS

Acquisition Context

This is Telio Telecom AS’s 1st transaction in the Internet Software and Services sector.
This is Telio Telecom AS’s 1st transaction in Norway.

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M&A Deal Summary
Date	April 28, 2010
Target	Bellit AS
Sector	Internet Software and Services
Buyer(s)	Telio Telecom AS
Deal Type	Add-on Acquisition
Advisor(s)	EOC Partners LLP (Financial)

Target Company

Bellit AS

Lysaker, Norway

Bellit As operates as an Internet Protocol (VoIP) services provider.

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Buyer Overview 1

Buyer

Telio Telecom AS

Oslo, Norway

Category	Company
Sector	Communications

DESCRIPTION

Telio Telecom AS is a Norwegian telecommunications and technology company with three business areas related to development and OEM manufacturing of communications technology and services.

Deal Context for Buyer	#
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: 2010	1 of 1

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Internet Software and Services M&A - Add-on Acquisition M&A Deals - Norway M&A - 2010 M&A