Reference is made to announcements today from EVRY ASA ("EVRY") and Tieto Corporation ("Tieto") confirming that all conditions for the merger of EVRY into Tieto (the "Merger") has been fulfilled and that the Merger will be completed. Key dates and information for the completion of the Merger are as follows:
The Finnish IT -giant, Tieto, and Norway’s largest IT-company EVRY has announced a merger agreement. The merger has a total value of NOK 36 billion, and is one of the largest IT-transactions in Norway. The new company will have a combined revenue of close to EUR 3 billion and 24 000 professionals.
Tieto and EVRY sign merger plan to implement the combination of the companies as announced on 18 June 2019 Tieto Corporation ("Tieto") and EVRY ASA ("EVRY") have today entered into a merger plan in Two Nordics-based public companies working on digital services and software, EVRY and Tieto, has announced a merger into a new company, TietoEVRY. The new entity will have combined revenue of some €3 billion and a team of 24,000 people. Both EVRY and Tieto serve customers across the world but have the strongest presence in the […] Following the merger of Tieto and EVRY on 5 December 2019, Lyngen Holdco S.à r.l. and Apax Global Alpha Limited received in aggregate 24 315 268 shares in TietoEVRY Corporation as merger consideration. This position, representing 20.53 percent of the shares and votes in TietoEVRY Corporation, is held at these entities as follows: The Finnish IT -giant, Tieto, and Norway’s largest IT-company EVRY has announced a merger agreement.
Banking , M&A Deals Aucerna is excited to announce our merger with Quorum Software and the acquisition of TietoEVRY's Oil and Gas software business. The combination will bring Dec 5, 2019 EVRY is consolidated to TietoEVRY as from 5 December 2019. TietoEVRY will in early 2020 provide with further details on the reporting structure Feb 16, 2021 Thoma Bravo-Owned Quorum Software and Aucerna to Merge and Acquire TietoEVRY's Oil and Gas Software Business | Software, merged in Norway, Sweden, Finland and Denmark. Haavind assisted Telenor, and has assisted Telenor in every step of the transaction. TietoEVRY merger Experience · Nordic Capital Fund IX €190 Million Acquisition of iLOQ, 2019 · Sanoma Corporation – Financing in connection with TietoEVRY merger, 2019 It formed in 1999 through the merger of Tieto Corp. and Enator AB, but dropped the Enator from its name in 2008.
The Finnish IT -giant, Tieto, and Norway’s largest IT-company EVRY has announced a merger agreement. The merger has a total value of NOK 36 billion, and is one of the largest IT-transactions in Norway. The new company will have a combined revenue of close to EUR 3 billion and 24 000 professionals.
Kunderna återfinns inom ett flertal marknader på global nivå. 2021-02-17 Thoma Bravo -Owned Quorum Software and Aucerna to Merge and Acquire TietoEVRY's Oil and Gas Software Business. Choose Category. All Community (4) Firm (51) Portfolio (54) Transaction (178) All; Combined company to broaden and further diversify its software portfolio, creating the leading software provider to the energy industry.
Merger consideration: Shareholders in EVRY will for each EVRY share held receive (i) 0.12 shares in TietoEVRY and (ii) NOK 5.28 in cash. Date of approvals: 2 and 3 September 2019 (extraordinary general meetings) An application will today be made for the listing on Oslo Børs of the shares of TietoEVRY.
The name of the combined company is TietoEVRY Corporation (formerly Tieto Corporation). Tieto Group’s €1.3bn takeover of Evry served to highlight a new wave of mergers and acquisitions (M&A)-led consolidation in the Nordic IT and technology sector. Industry consolidation is also set 2021-02-15 TietoEVRY är ett teknikbolag. Inom bolaget erbjuds ett brett utbud av mjukvaru- samt molnbaserade lösningar. Störst kompetens återfinns inom affärsprocesser, applikationstjänster, infrastrukturlösningar, samt diverse front-end lösningar.
The merger has a total value of NOK 36 billion, and is one of the largest IT-transactions in Norway. The new company will have a combined revenue of close to EUR 3 billion and 24 000 professionals.
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TietoEVRY’s annual turnover is approximately EUR 3 billion and its shares are listed on the NASDAQ in Helsinki and Stockholm as well as on the Oslo Børs. TietoEVRY creates digital advantage for businesses and society. They are a leading digital services and software company with local presence and global capabilities.
The combination will bring together highly complementary workflows, mission-critical technologies, and unmatched global expertise. Gene Austin will serve as CEO of the combined company, operating as Quorum Software.
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Luminor bank worked with TietoEVRY to create a fully independent and consolidated payment processing solution with TietoEVRY’s Payment Hub delivered as a Cloud solution.
I am responsible for innovation, business and technology ecosystem development and steering offering investments in Tieto on Banking domain. TietoEVRY. Building a one-stop-shop for the Nordic IT industry. Formed in 2010 through the merger of two Norwegian IT companies – EDB Business Partner 14 Feb 2021 The acquisition of software solutions in hydrocarbon management will strengthen Quorum's portfolio to help energy companies with digitalization, TietoEVRY Graphic. Talent Acquisition Lead. TietoEVRY.
merger plan (the “Merger Plan”), according to which EVRY shall be merged into Tieto through a statutory cross-border merger in such a manner that all assets and liabilities of EVRY shall be transferred without a liquidation procedure to Tieto (the “ Merger ”).
Headquartered in Finland Quorum Software is excited to announce our merger with Aucerna and the acquisition of TietoEVRY’s Oil and Gas software business. The combination will bring together highly complementary workflows, mission-critical technologies, and unmatched global expertise. Gene Austin will serve as CEO of the combined company, operating as Quorum Software. TietoEVRY Oyj (until Jun 2019 Tieto) is a Finnish IT software and service company providing IT and product engineering services, with approximately 24,000 employees, active in around 20 countries. TietoEVRY is domiciled in Espoo, Finland , and the company's shares are listed on the NASDAQ OMX Helsinki and Stockholm . 2019-12-05 Regulatory approvals obtained for the merger between Tieto Corporation and EVRY ASA – closing of the merger subject to divestment of EVRY’s case management and archiving systems … TietoEVRY integration progressing as planned – employee consultations initiated to drive merger-related efficiencies. Published: 16 April 2020.
TietoEVRY is taking the next step in the integration to ensure its position as the leading digital services and software company in the Nordics. Tieto Group’s €1.3bn takeover of Evry served to highlight a new wave of mergers and acquisitions (M&A)-led consolidation in the Nordic IT and technology sector. Industry consolidation is also set Thoma Bravo-Owned Quorum Software and Aucerna to Merge and Acquire TietoEVRY's Oil and Gas Software Business February 15, 2021 Combined company to broaden and further diversify its software portfolio, creating the leading software provider to the energy industry 2021-02-15 · Thoma Bravo-Owned Quorum Software and Aucerna to Merge and Acquire TietoEVRY's Oil and Gas Software Business. Combined company to broaden and further diversify its software portfolio, Thoma Bravo-Owned Quorum Software and Aucerna to Merge and Acquire TietoEVRY’s Oil and Gas Software Business. by OILMAN Editor February 17, 2021 February 17, 2021.