M&A Deal Summary

Videonor Acquires appear.in

On December 14, 2017, Videonor acquired internet software and services company appear.in from Telenor

Acquisition Highlights
  • This is Videonor’s 1st transaction in the Internet Software and Services sector.
  • This is Videonor’s 1st transaction in Norway.

M&A Deal Summary

Date 2017-12-14
Target appear.in
Sector Internet Software and Services
Buyer(s) Videonor
Sellers(s) Telenor
Deal Type Divestiture

Target

appear.in

Oslo, Norway
appear.in is a web based video collaboration tool that lets you have video conversations. appear.in was established in 2013 and is based in Oslo, Norway.

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Buyer(S) 1

Buyer

Videonor

Maloy, Norway

Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

Videonor is a cloud based software-as-a-service video conferencing at a low monthly cost. Videonor was established in 2010 and is based in Maloy, Norway.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Telenor

Fornebu, Norway

Category Company
Founded 1855
Sector Communications
Employees10,867
Revenue 79.9B NOK (2024)
DESCRIPTION

Telenor is a Norwegian multinational telecommunications company. It is one of the world's largest mobile telecommunications companies with operations in Scandinavia, Eastern Europe and Asia. Telenor was founded in 1855 and is based in Fornebu, Norway.


DEAL STATS #
Overall 4 of 12
Sector: Internet Software and Services M&A 1 of 2
Type: Divestiture M&A Deals 4 of 11
Country: Norway M&A 3 of 5
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-04 Working Group Two

Oslo, Norway

Working Group Two is a provider of mobile telecom services better and more relevant for end users. We do this by deploying Internet tools and technologies on top of traditional mobile telco infrastructure. Working Group Two was founded in 2017 and is based in Oslo, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-15 Mobi Banka

Belehrad, Serbia

Mobi Banka specializes in the provision of innovative online financial services. It is the first fully mobile/online bank on the Serbian market. Mobi Banka was founded in 2014 and is based in Belehrad, Serbia.

Sell -