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Article: Enea AB: Enea Acquires Romanian Services Company IP Devel.

Article from:
Business Wire
Article date:
April 21, 2008
Copyright

Acquisition Strengthens Enea Services and Opens Expansion Possibilities in Europe

STOCKHOLM, Sweden -- Regulatory News:

Enea[R] (Nordic Exchange/Small Cap/ENEA), a world leading provider of network software and services, today announced that it has signed an agreement to acquire IP Devel SRL. The acquisition of IP Devel provides Enea with a base on which to expand its European business and it also secures development capacity for its own products.

IP Devel is specialized in embedded systems development and advanced test services. The company is profitable and has grown quickly since 2000. Net sales for 2007 were approximately EUR 4 million. Enea ...

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