M&A Deal Summary

Visma Acquires Altitun AB

On December 23, 2003, Visma acquired semiconductors company Altitun AB from ADC Telecommunications for 29M SEK

Acquisition Highlights
  • This is Visma’s 1st transaction in the Semiconductors sector.
  • This is Visma’s 2nd largest (disclosed) transaction.
  • This is Visma’s 1st transaction in Sweden.

M&A Deal Summary
Date 2003-12-23
Target Altitun AB
Sector Semiconductors
Buyer(s) Visma
Sellers(s) ADC Telecommunications
Deal Type Divestiture
Deal Value 29M SEK

Target

Altitun AB

Stockholm, Sweden
website
Altitun developed and manufactured tunable semiconductor lasers for use in optical networking applications.

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Buyer(S) 1

Buyer

Visma

Oslo, Norway

website

Category Company
Founded 1985
Sector Information Technology
Revenue 5.1B NOK (2013)
DESCRIPTION

Visma offers software and services that simplify and digitize core business processes in the private and public sectors. Visma was founded in 1985 and is based in Oslo, Norway.

DEAL STATS #
Overall 2 of 85
Sector (Semiconductors) 1 of 1
Type (Divestiture) 1 of 4
Country (Sweden) 1 of 12
Year (2003) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-09-10 Webcenter Unique ASA

Lysaker, Norway

Webcenter Unique ASA is a provider of software applications to Norwegian municipalities and local authorities, with installed software to more than 280 of the 433 municipalities. Webcenter Unique is also the major provider of corporate portals in the Norwegian market.

Buy Nkr123M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-12 Teemuaho Oy

Lappeenranta, Finland

Teemuaho Oy is a provider of software solutions for financial planning. Teemuaho simplifies and digitalizes core business processes within the private and public sector.

Buy -

Seller(S) 1

SELLER

ADC Telecommunications

Eden Prairie, Minnesota, United States

website

Category Company
Founded 1935
Sector Communications
Employees9,300
DESCRIPTION

ADC Telecommunications, Inc. is a provider of broadband communications network infrastructure products and related services worldwide. ADC's innovative network infrastructure equipment and professional services enable high-speed Internet, data, video, and voice services to residential, business and mobile subscribers.

DEAL STATS #
Overall 1 of 2
Sector (Semiconductors) 1 of 1
Type (Divestiture) 1 of 2
Country (Sweden) 1 of 1
Year (2003) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-21 Broadband Access Systems

Westborough, Massachusetts, United States

Broadband Access Systems, Inc. is a developer of a new generation of highly integrated, carrier-class broadband access systems that allow cable operators to deliver high quality voice, data, and video services to large numbers of users.

Buy $2.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-18 KRONE

Englewood, Colorado, United States

KRONE, Inc. is a supplier of copper and fiber-based connectivity solutions and cabling products used in public access and enterprise networks by many of the organizations.

Buy $350M
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