List of mergers and acquisitions by Advania

Advania ehf is a Nordic information technology service corporation headquartered in Reykjavík, Iceland.^[1] The company is the largest in its field in Iceland and the 9th largest in the Nordic countries.

Pre-Advania

Advania is the result of numerous mergers and acquisitions of mainly Icelandic companies, but also of some European companies. Its roots go as far back as 1939, when EJS was founded and 1952, when Skýrr was founded.

Date	Company	Business	Country	References
18 November 2009	Eskill	Software development	Iceland	[2][3]
	Kögun	Software development	Iceland
	Landsteinar Strengur	Software development and retail	Iceland
The three companies merged into Skýrr hf. Landsteinar Strengur had come to be when two companies, Landsteinar and Strengur respectively, merged. The three companies had been subsidiaries of Teymi.
19 November 2010	EJS	Computer and software retail	Iceland	[4][5]
EJS had sold 58% of its shares to Skýrr. It merged into Skýrr hf on 19 November 2010. EJS had 190 employees and Skýrr hf 470 at the time of the merger.
16 November 2011	THOR Data Center	Data centre	Iceland	[6][7]
Skýrr acquired THOR Data Center, the first data centre built in Iceland.
20 January 2012	Aston Baltic	Software retail	Latvia	[8]
	Hands AS	Software development and retail	Norway
	HugurAx ehf	Software development and retail	Iceland
	Kerfi AB	Software development and retail	Sweden
	Skýrr hf	Software development and retail	Iceland
All 5 companies merged and became Advania hf.

References