PLAYipp AB has acquired Databeat.Net AS to strengthen its position in the Nordic digital signage market, leveraging Databeat's established presence in Norway.
Information on the Target
PLAYipp AB is a prominent Swedish Software as a Service (SaaS) company headquartered in Gävle. Specializing in Digital Signage solutions, PLAYipp is a trusted partner for over 3,000 businesses across various sectors. The company has established itself as a key player in the Nordic market, leveraging innovative technology to deliver high-quality visual communication solutions.
Databeat.Net AS, founded in 1998 and based in Oslo, Norway, is a reputable SaaS provider in the digital signage industry. The company has carved out a significant niche for itself, achieving revenues exceeding NOK 23 million in 2022. As a leading player in the Norwegian market, Databeat.Net AS complements PLAYipp’s offerings and enhances the latter's market position and service capabilities in the Nordic region.
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Industry Overview in Norway
The digital signage industry in Norway has experienced consistent growth over the past decade, driven by the increasing demand for effective visual communication solutions among businesse
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Disclosed details
Revenue: $2M