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 | [2][3] | |
| Kögun | Software development | |||
| Landsteinar Strengur | Software development and retail | |||
| 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 | [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 | [6][7] | |
| Skýrr acquired THOR Data Center, the first data centre built in Iceland. | ||||
| 20 January 2012 | Aston Baltic | Software retail | [8] | |
| Hands AS | Software development and retail | |||
| HugurAx ehf | Software development and retail | |||
| Kerfi AB | Software development and retail | |||
| Skýrr hf | Software development and retail | |||
| All 5 companies merged and became Advania hf. | ||||