Nordic Business Report-November 29, 2006-Swedish virtual operator Phonera AB acquires Nocom Networks AB and UNC Systems AB
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Swedish virtual telephony operator Phonera AB said on Wednesday (29 November) that it has agreed to acquire Nocom Networks AB and UNC Systems AB from the IT group Nocom AB in a SEK9m deal.
The companies to be acquired provide broadband, IP telephony and web services. They have a total of 11 employees and reported a combined turnover of SEK18m during the first nine months of the year.
The acquisition will strengthen Phoneras growth within IP-based data services.
For Nocom the deal represents a step in its strategy to focus on software development and distribution.
Phonera AB is headquartered in Gothenburg, Sweden. The company is listed on the Nordic Exchange in Stockholm.
One British pound (GBP) is worth approximately 13.49 Swedish kronor (SEK).
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