2018-03-04

TeleComputing strengthening its position in the Nordic markets- acquires integration specialists iBiz Solutions

TeleComputing has acquired the Swedish IT-company iBiz Solutions. The growth in areas such as machine learning, artificial intelligence and Internet of Things leads to more complex IT-solutions and a greater need of integrations.

"The acquisition strengthens TeleComputings position in the Nordic countries, and facilitate further growth in a market where integrations and external IT-operations are becoming increasingly important," says CEO of TeleComputing, Terje Mjøs.

iBiz Solutions is a company with strong technical competencies, business acumen and a good reputation, which is a good match with Telecomputings position and ambitions. "The acquisition also strengthens our efforts in our advisory and consultancy services, both in Norway and Sweden," says Mjøs.

The strengthening of portfolio of services with profound competencies in System Integration, is a good fit with TeleComputings competencies in Hybrid Cloud Solutions and IT-operations.

"Current and new customers of TeleComputing will have access to an even better service portfolio, and customers of iBiz Soltutions will have access to our broad service portfolio, and can utilize our competencies in hybrid cloud solutions and advisory capabilities," says Mjøs. "With a strengthened service offering, we are able to cover broader aspects of customers’ requirements, both for existing and new customers."

IBiz Solutions is one of the leading companies within systems integrations in the Nordics, and offr consultancies on IT-architecture and integration to large companies and organizations in Northern Europe. The company also has a wide offering of courses within integration and APIs.

Companies that want to strengthen their competitiveness need legacy systems and new systems to be able to “communicate”. System Integration enables systems to work together and makes room for innovation and increased competitiveness. The new opportunities within computer analysis through Big Data and the Internet of Things (IoT) presupposes apt solutions for integrations.

"IBiz Solutions is recognized as a leading company in system integrations in Sweden, and recently won the Microsoft Partner of the Year award in the category Intelligent Cloud. – The skills and customer-base of IBiZ Solutions is a good fit with TeleComputings broad service offerings and advisory capabilities," says Mjøs.

IBiz Solutions has just over 50 employees, and shows profitable growth through many years. The revenue in 2017 was 65 million NOK. The company serves over 50 companies in the Nordic countries, such as Scandic, Olav Thon Group, Statkraft, Caverion and Forex bank. The company's headquarters is in Karlstad, and it has offices in Oslo, Stockholm, Norrköping and Gävle.

TeleComputing is owned by the IK VII Fund. For more information (in Norwegian) please click here

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