Announced
Completed
Financials
Sources
Tags
Acquisition
Private
Completed
Cross Border
Majority
Single Bidder
Sweden
Information / Data Services
Friendly
it services
Synopsis
Sitowise, a Nordic expert in the built environment, completed the acquisition of Sitowise, a provider of IT services intended to serve the infrastructure industry. Financial terms were not disclosed. "The acquisition accelerates our strategic goal of being the Nordic leader in the digital solutions for built environment and mobility. Together with Infracontrol we have a more prominent position especially within the mobility and traffic sector. We have also looked for a stronger access to the field of operational and real-time digital services, and our unification is an important step forward in this regard," Teemu Virtanen, Sitowise Digital Solutions Business Area Director.
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