Press release

Visma acquires Viklo Oy and expands the Finnish consulting business to business intelligence market

Visma acquires Viklo, a Finnish IT consulting company and further strengthens its position in the Finnish IT consulting market.

Visma acquires Viklo, a Finnish IT consulting company and further strengthens its position in the Finnish IT consulting market.

Viklo Oy has a strong position in the Business intelligence and data warehouse market, delivering solutions and consulting to large Finnish corporations. The company's revenue in 2014 was 1,6 MEUR and has 18 employees in Jyväskylä and Tampere. Viklo will be merged into Visma Consulting Oy and will in the future operate under the Visma brand.

Prior to the acquisition, Visma Consulting in Finland had revenues of 11,7 MEUR in 2014. The company has a strong position in the large corporations and public sector markets for delivering Microsoft and JAVA based IT solutions and professional ICT consulting. The acquisition further strengthens Visma Consulting's position in the market and expands the solution portfolio further for existing and new customers.

- Viklo's expertise in business intelligence and data warehouse solutions complements our competencies very well, comments Petri Lillberg, the managing director of Visma Consulting Oy.

- Viklo grew over 40% last year and we believe that as part of Visma, we can expand the growth by offering their competence to a wider customer base”, he continues.

For more information, please contact:

Petri Lillberg, CEO, Visma Consulting Oy, +358 40 577 7014

Mikko Kärki, CEO, Viklo Oy, +358 40 825 4428

About Visma Consulting Oy

Visma Consulting is a Finnish ICT consulting and software solutions company. The company provides solutions in the area of eBusiness, case- and document management, CRM, portals and collaboration, and delivers solutions and services to large Finnish corporations and the public sector. Comparable revenue of the company was 11,7 MEUR in 2014 and the company serves it’s customers with almost 100 people. The company has offices in Helsinki and Tampere. For more information please visit www.vismaconsulting.fi

About Viklo Oy

Viklo is a company focusing on business intelligence, ERP and software solutions consulting. It was established in 2010 and has 18 employees in Jyväskylä and Tampere. The revenue in 2014 were 1,6 MEUR and the revenue growth year-on-year was over 40%. For more information please visit: www.viklo.fi

Contact

Lage Bøhren

Lage Bøhren

Director of Communications

Visma

+47 921 57 801

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