List of mergers and acquisitions by Advania

From Wikipedia, the free encyclopedia

Advania was formed in 2012 through the merger of several IT companies in Iceland, Sweden, and Norway, with roots dating back to the 20th century.[1] Before the formation of Advania, each country branch had evolved over time, with some expanding through mergers and acquisitions.

Date Company Business Country References
18 November 2009 Eskill Software development  Iceland [2][3]
Kögun Software development  Iceland
Landsteinar Strengur Software development and retail  Iceland
The three companies merged into Skýrr hf. Landsteinar Strengur had come to be when two companies, Landsteinar and Strengur respectively, merged. The three companies had been subsidiaries of Teymi.
19 November 2010 EJS Computer and software retail  Iceland [4][5]
EJS had sold 58% of its shares to Skýrr. It merged into Skýrr hf on 19 November 2010. EJS had 190 employees and Skýrr hf 470 at the time of the merger.
16 November 2011 THOR Data Center Data centre  Iceland [6][7]
Skýrr acquired THOR Data Center, the first data centre built in Iceland.
20 January 2012 Aston Baltic Software retail  Latvia [8]
Hands AS Software development and retail  Norway
HugurAx ehf Software development and retail  Iceland
Kerfi AB Software development and retail  Sweden
Skýrr hf Software development and retail  Iceland
All 5 companies merged and became Advania hf.

References

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