Mega Deals

Sana Labs was acquired by Workday

Announced: September 2025 Deal Value: $1.1B

AI-native knowledge management platform Sana Labs was acquired for $1.1B by enterprise software solutions provider Workday to transform its learning platform.

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Hexagon Smart Solutions sold its design and engineering business to Cadence

Announced: September 2025 Deal Value: $3.2B

Engineering software solutions provider Hexagon Smart Solutions sold its design and engineering business for $3.2B at 10.9 times revenue to electronic computer-aided design software developer Cadence to expand its customer base and scale up its product portfolio.

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Key Transactions

Steven was purchased by FDCTech 

Announced: August 2025 Deal Value: $7.9M

Regulated Electronic Money Institution Steven was purchased for $7.9M by fintech-driven firm FDCTech to expand its regulated financial services footprint across Europe and the UK.

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Earth Science Analytics was bought by Imdex

Announced: July 2025 Deal Value: $17M

Norwegian AI-software company Earth Science Analytics was bought for $17M by global mining technology company Imdex to boost digital orebody knowledge capabilities.

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Matter was bought by Diginex

Announced: August 2025 Deal Value: $16M

ESG data company Matter was pocketed for $16M by Sustainability RegTech provider Diginex, strengthening its AI-driven ESG Data and Analytics capabilities.

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Growth and Exit Consulting

If you are aiming to learn about the key deals and valuations for data companies in the Nordic region, then you've come to the right place. With our report, you'll get valuable information that will inform the future of your company, and educate yourself on the current trends in the market.