List of mergers and acquisitions by Advania

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. Before the formation of Advania, each country branch had evolved over time, with some expanding through mergers and acquisitions.

DateCompanyBusinessCountryReferences18 November 2009EskillSoftware developmentKögunSoftware developmentLandsteinar StrengurSoftware development and retailThe 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 2010EJSComputer and software retailEJS 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 2011THOR Data CenterData centreSkýrr acquired THOR Data Center, the first data centre built in Iceland.20 January 2012Aston BalticSoftware retailHands ASSoftware development and retailHugurAx ehfSoftware development and retailKerfi ABSoftware development and retailSkýrr hfSoftware development and retailAll 5 companies merged and became Advania hf.

Acquisitions Since its formation, Advania has acquired several companies across Northern Europe: +YearCompanyCountry2015Knowledge FactorySweden2015TölvumiðlunIceland2017CAPERIOSweden2018Embla Solutions ehf.Iceland2018STEPPER/NONorway2019VintorFinland2019ItelloNorway2020Accountor ICT OyFinland2020KompeteraDenmark2021Hi5Sweden2021GeniaDenmark2021BevericFinland2021VisolitNorway, Sweden2022Content+CloudUK2022PainkillerNoregur2022Azzure ITUK2022eXspendNorway2022ValttiFinland20223StepIT (Carve-Out)Finland2022CloudioDenmark2023Edutukku OyFinland2023Core ServicesFinland2023RTS Group ABSweden2024FixForum Oy (50%)Finland2024Solv AS (Remaining 47%)Norway2024Servium LimitedUK2024CCS MediaUK2025Visuell TeknikSweden

References