Mega Deals
Shine was acquired by Cegid
Announced: November 2025 Deal Value: $1.6BDenmark-based digital financial management platform Shine was acquired for $1.6B by French-based business management software provider Cegid, expanding its presence in the region.
Hexagon Smart Solutions sold its design and engineering business to Cadence
Announced: September 2025 Deal Value: $3.2BEngineering 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.
Key Transactions
The Cloud People Group was bought by NTT DATA
Announced: December 2025ServiceNow consulting and implementation services provider The Cloud People Group was bought by IT services giant NTT DATA in December to expand its ServiceNow expertise and strengthen its global reach.
Askcody was purchased by Volaris Group
Announced: October 2025Workplace and meeting management solutions firm Askcody was purchased by vertical software holding company Volaris Group in October to expand its portfolio in workplace and meeting management solutions.
White Pearl Technology Group sold its AI platform Nexus AI to AumAven Technologies
Announced: October 2025 Deal Value: $3.5MDigital transformation services provider White Pearl Technology Group sold its AI platform Nexus AI for $3.5M in October to Dubai-based IT consultancy AumAven Technologies to drive its digital transformation capabilities.
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.
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