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Announced

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Frendy completed the acquisition of Triuvare.

Synopsis

Frendy, a provider of information technology services, completed the acquisition of Triuvare, an operator of an information and communications technology specialist company. Financial terms were not disclosed. "For years, we have purposefully developed Triuvare into an excellent partner for SMEs, utilizing the most modern IT outsourcing solutions. Frendy's strategy and value system matched our own seamlessly, so merging with Frendy is a very natural step on our development path. In the future, as Frendy, we will be able to serve our customers with an even wider geographical coverage and technical expertise, and to offer our personnel development opportunities," Toni Rantanen, Triuvare Founder and CEO.

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