A Finnish software company sells part of its business to a venture capital company

Tietoevry’s assessment of the transaction will be completed in the third quarter of the current year.

Finnish Software company Tietoevry sells part of its business to European venture capital company Agilitas.

According to the stock exchange release, the target is the business of Tietoevry’s technology services, which will be transferred to the funds managed by Agilitas in the transaction. The purchase price is EUR 300 million.

Tietoevry’s assessment of the transaction will be completed in the third quarter of the current year.

Correction 23.3. 11:42am: The story has previously misleaded that Agilitas is a British investment company. The company operates in Europe.

By Editor

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