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Vitec Software Group AB (publ)

7VS:STU

Vitec Software Group AB (publ)

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About the company

Vitec Software Group AB (publ) is a Sweden-based company that produces software products. The Company's offer consists of software solutions, consulting services and support services. The Company operates through six business areas. The Brokerage area offers software for real estate brokers. The Real Estate area offers software for property managers. The Media area offers the Balance business system, which supports the administrative processes of the Company’s customers’ companies. The Energy area provides software for forecasting of electricity, heat and wind power; technical management and maintenance of the distribution networks. The Capitex area offers software for banks and insurance companies. The 3L System area offers software for construction, real estate and yellow pages companies. The Company's subsidiaries include Futursoft OY, AutoData Norge AS, Tietomitta OY, Aloc A/S, Norwegian Fox Publish AS, Norwegian Insurance Computer Environment AS (Nice AS) and MV-Nordic A/S.

  • Revenue in SEK (TTM)3.15bn
  • Net income in SEK393.38m
  • Incorporated1985
  • Employees1.57k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		VIT B:STO since
announced		Transaction
value
Taxiteknik Nordic ABDeal completed09 Jul 202409 Jul 2024Deal completed-13.94%--
Bidtheatre ABDeal completed03 Jun 202403 Jun 2024Deal completed-13.38%--
Ldc I Talent SolutionsDeal completed25 Jan 202425 Jan 2024Deal completed-20.27%--
Data delayed at least 15 minutes, as of Nov 22 2024 12:18 GMT.
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