M&A Deal Summary

TietoEVRY Acquires Software Innovation ASA

On August 17, 2015, TietoEVRY acquired software company Software Innovation ASA for 610M NOK

Acquisition Highlights
  • This is TietoEVRY’s 5th transaction in the Software sector.
  • This is TietoEVRY’s 0th largest (disclosed) transaction.
  • This is TietoEVRY’s 2nd transaction in Norway.

M&A Deal Summary
Date 2015-08-17
Target Software Innovation ASA
Sector Software
Buyer(s) TietoEVRY
Deal Type Add-on Acquisition
Deal Value 610M NOK

Target

Software Innovation ASA

Fornebu, Norway
Software Innovation ASA is a provider of information technology solutions to customers in the public and private sectors.

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Buyer(S) 1

Buyer

TietoEVRY

Espoo, Finland
Category Company
Founded 1968
Sector Information Technology
Employees23,833
Revenue 2.9B EUR (2023)
DESCRIPTION

TietoEVRY is an information technology services company providing product development and consultation services. TietoEVRY was founded in 1968 and is based in Espoo, Finland.

DEAL STATS #
Overall 11 of 16
Sector (Software) 5 of 7
Type (Add-on Acquisition) 10 of 14
Country (Norway) 2 of 3
Year (2015) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-03 Canvisa Consulting AB

Stockholm, Sweden

Canvisa Consulting AB is a major Swedish consultancy companies in business and IT development within the financial services sector. Canvisa will be able to offer industry consulting, project management, systems development, industry-specific applications and IT operations management services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-30 Imano AB

Gothenburg, Sweden

Imano AB is a consulting company offering consulting services to clients in the paper and forest industries digitalize their business processes.

Buy -
Mergr

Product

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