OSLO, NORWAY: Atea Denmark has entered an settlement to acquire KMD’s hardware and infrastructure software program business.
The acquired enterprise sells hardware and standard software program to customers primarily within the Danish market. The enterprise has 24 employees throughout three workplace locations in Denmark.
KMD’s hardware and software program enterprise portfolio has three-digit million in gross sales and is well aligned with Atea’s operations in Denmark, together with merchandise from Atea’s strategic partners.
Closing of the settlement is topic to customary conditions for completion, together with the switch of main buyer contracts and approval from the competitors authorities. The events have agreed that different transaction phrases shall stay confidential.
“We are excited to purchase KMD’s hardware- and software program enterprise and to welcome its customers and employees to Atea,” commented Atea CEO Steinar Sønsteby.
“The KMD enterprise is an excellent strategic match for Atea, and our firm can current an excellent platform for its future development and growth. Customers will profit from the full breadth of merchandise and services which Atea offer and employees will profit from being a half of a bigger organization, with many alternatives for profession growth.”
Atea Denmark is the main provider of IT infrastructure within the Nordic and Baltic regions. Atea is current in eighty five cities with over 7,500 employees in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia.
Atea delivers hardware and software program from main global vendors, and provides consulting and technical services to support its customers with the design, implementation and operation of their IT environments. Atea had income of roughly NOK forty one billion (EUR 4.1 billion) in 2021 and is listed on Oslo Stock Exchange.
www.atea.com