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  5. TietoEVRY Invests In RTS Networks

Investment Summary

TietoEVRY Invests In RTS Networks

On June 28, 2006, TietoEVRY invested in software company RTS Networks

Investment Highlights
  • This is TietoEVRY’s 2nd transaction in the Software sector.
  • This is TietoEVRY’s 1st transaction in Poland.

Investment Summary
Date 2006-06-28
Target RTS Networks
Sector Software
Investor(s) TietoEVRY
Deal Type Stake Purchase

Target

RTS Networks

Szczecin, Poland
RTS Networks Ltd. is a provider of telecom R&D (Research & Development) services. RTS specialises in software development for international telecom customers with Siemens as its main customer.

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Investor(S) 1

Investor

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 2 of 16
Sector: Software M&A 2 of 7
Type: Stake Purchase M&A Deals 1 of 1
Country: Poland M&A 1 of 1
Year: 2006 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-05-01 Kvatro Telecom AS

Trondheim, Norway

Kvatro Telecom AS is a Norwegian supplier of software tools, development projects, and consultancy services to customers developing large and complex distributed real-time software systems, especially as found in the telecommunications industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-29 Cymed AG

Bochum, Germany

Cymed AG is a German healthcare IT provider. The company specialises in hospital information solutions and hygiene software for hospitals and laboratories.

Buy -
Mergr

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