List of mergers and acquisitions by Advania

Advania ehf is a Nordic information technology service corporation headquartered in Reykjavík, Iceland.[1] The company is the largest in its field in Iceland and the 9th largest in the Nordic countries.

Pre-Advania

Advania is the result of numerous mergers and acquisitions of mainly Icelandic companies, but also of some European companies. Its roots go as far back as 1939, when EJS was founded and 1952, when Skýrr was founded.

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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