Atea has acquired its second data analytics company in Norway within the space of just over a year.
The Oslo-based reseller has acquired all shares in DatabaseForum, a 16-strong team of data analytics consultants based in Stavanger, on the southwest coast of Norway.
The outfit claims to offer services ranging from database administration and cloud services to data analysis, modelling and design. The firm is a certified Oracle partner around cloud and Java programmes as well as with Microsoft in business intelligence.
DatabaseForum turned over NOK 15.2m (€1.53m) and generated an EBIT of NOK 5.9m in 2018. Atea's acquisition values the firm at NOK 20.5m.
Managing director for Atea Norway, Michael Jacobs, said Atea now has a team of 100 data analytics consultants in Norway.
"As organisations transform their operations through the use of data, Atea is expanding its competence within data analytics," said Jacobs.
"With the acquisition of DatabaseForum, Atea has a team of over 100 consultants who can support our customers with the use of data analytics solutions to gain insights and enhance their performance."
The NOK 34.71bn-revenue giant has been vying to become the Nordics' leader in data analytics and business intelligence over the last few years. Last year it acquired Sherpa Consulting, which it described as the "largest provider of BI and data analytics" in Norway.
The deal gave Atea a 48-employee-strong team of consultants in Norway. CEO Steinar Sønsteby told CPI soon after that it will look to more than double the team's headcount to 100 before rolling out the business out to other countries across Scandinavia.
Sønsteby previously revealed that he is looking to take Atea out of the Nordic and Baltic markets for the first time in the company's history through a massive M&A move. The exec said he is looking to acquire a reseller with at least "a couple of hundred million euros" in revenues each year.
Some say performance, others say money but it may be systems and processes that carry the day
Cheryl Cook responds to claims from competitor that legacy vendors aren't investing enough in innovation and how it plans to adapt to an evolving server market
Distributor's head count moves past 400 with latest buyout
Vendor appoints two co-CEOs as long-time leader steps down