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New Deal


Announced

DNV to acquire Nixu for €98m.

Financials

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Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium67.1%
One Off Charge-

Tags

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software development

Finland

Pending

Tender Offer

Software

Friendly

Acquisition

cybersecurity

Single Bidder

Cross Border

Public

Majority

Synopsis

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DNV, a global quality assurance and risk management provider, agreed to acquire Nixu, a cybersecurity services company, for €98m. “This announcement is consistent with our recently published ‘Next Nixu’ strategy and ambition. DNV and Nixu share similar Nordic roots and heritage in the business of trust. As DNV’s largest cybersecurity hub, Nixu’s employees will have a possibility to make a bigger impact for our joint clients’ future, through cybersecurity. Together we can achieve greatness with 100,000 customers and nearly 13k colleagues in 100 countries,” Teemu Salmi, Nixu CEO.

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