Brief: Qt Acquires Axivion In Germany

Qt Oyj

11/08/2022 15:47

Aug 11 (Reuters) - Qt Group Oyj  QTCOM.HE :
    * QT ACQUIRES AXIVION GMBH TO FURTHER STRENGTHEN ITS
MARKET-LEADING OFFERING IN QUALITY ASSURANCE
    * TO ACQUIRE ALL SHARES IN GERMANY-BASED AXIVION GMBH
    * AXIVION IS A MAJOR PROVIDER OF ASSURANCE TOOLS, SUCH AS
STATIC
SOFTWARE ANALYSIS AND SOFTWARE ARCHITECTURE ANALYSIS.
    * AXIVION'S REVENUE IN 2021 WAS EUR 5 MILLION AND EBIT EUR
1.5
MILLION (FIGURES PRO FORMA).
    * ACQUISITION PRICE IS EUR 32 MILLION

Source text for Eikon:  ID:nWkrRFsF7 
Further company coverage:  QTCOM.HE 

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