Mercell to acquire Cloudia for €103m.

Mercell Holding, a holding company, agreed to acquire Cloudia, a software developer, for €103m. "The acquisition of Cloudia represents another milestone in our consolidation of the Nordic market. Cloudia’s strong position with public buyers in Finland offers an ideal fundament to expand the supplier side of the market and cross-sell our post-award solutions. Further, the company has an experienced and strong management team and highly skilled employees, underpinning the impressive performance and results Cloudia has achieved. We look forward to including them in the Mercell family," Terje Wibe, Mercell CEO.