Tieto-EVRY merger passes final approval hurdle

Nima Green
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Tieto-EVRY merger passes final approval hurdle

In one week, the Nordics will have a €2.9bn software, cloud and services giant

Nordics IT services firm Tieto has been given final approval from the Norwegian authorities to press ahead with the completion of its €1.5bn mega-merger with Norwegian rival EVRY, which is due to go ahead on 5 December. The combined services firm will be worth €2.9bn with 24,000 employees focusing on digital, consultancy and cloud services. The Finnish firm claims this will make it one of the largest digital services companies in the Nordics. The execution of the merger is expected to be...

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