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Announced

Netcompany to acquire Intrasoft International for $272m.

Synopsis

Netcompany, a Danish publicly traded IT consultancy, agreed to acquire Intrasoft International, a European IT solutions and services group with strong international presence and expertise, for $272m. "We are facing an unprecedented and exciting time in Europe where all societies are now accelerating and understanding the value of digitalisation. By digitising Europe responsibly, we fundamentally change societies, businesses and the way we live our lives for the better. By acquiring Intrasoft, we become better positioned and strengthened to play a vital role in helping European governments, businesses, and institutions in their efforts to take the full advantage of digitalisation. Intrasoft now becoming a part of Netcompany means that we together have more innovative platforms, more competences, and a wider presence throughout Europe. I am confident that we will play a prominent role in creating and shaping the necessary digital transition that Europe will have to go through in the coming decade," André Rogaczewski, Netcompany CEO.

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