M&A Deal Summary

TietoEVRY Acquires T&T Telecom

On March 1, 2010, TietoEVRY acquired information technology company T&T Telecom

Acquisition Highlights
  • This is TietoEVRY’s 4th transaction in the Information Technology sector.
  • This is TietoEVRY’s 1st transaction in Russia.

M&A Deal Summary

Date 2010-03-01
Target T&T Telecom
Sector Information Technology
Buyer(s) TietoEVRY
Deal Type Add-on Acquisition

Target

T&T Telecom

Saint-Petersburg, Russia
T&T Telecom is an IT and consultancy company specializing in services for telecom operators. The company's customer base includes Megafon, Vimpelcom, Svyazinvest, Delta Telecom, Comstar, Sinterra and Rostelecom.

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Buyer(S) 1

Buyer

TietoEVRY

Espoo, Finland

Category Company
Founded 1968
Sector Information Technology
Employees15,305
Revenue 2.8B EUR (2024)
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 8 of 16
Sector: Information Technology M&A 4 of 7
Type: Add-on Acquisition M&A Deals 7 of 14
Country: Russia M&A 1 of 1
Year: 2010 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-15 Primasoft Oy

Helsinki, Finland

Primasoft Oy engages in the development and integration of technology solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-29 Intensium Oy

Kuopio, Finland

Intensium Oy is a provider of benchmarking services for healthcare service providers in Finland. The benchmarking service, provided as a SaaS service, monitors the customer's care process performance generally by assessing where there are gaps between their own performance and the other members of the benchmarking consortium.

Buy -