Ørn Software has signed an agreement to acquire Norwegian Quality Management SaaS company Landax, enhancing its customer base and service offerings while positioning itself for continued growth in the Nordic market.
Target Information
Ørn Software has announced its agreement to acquire Landax, a Norwegian Software-as-a-Service (SaaS) company specializing in Quality Management. This acquisition strategically enhances Ørn's customer portfolio by adding 540 new clients, which includes numerous large companies across various sectors such as retail, logistics, and industry in Norway. Furthermore, Ørn Software will also gain a team of 11 highly skilled employees based in Norway, along with a development group in Poland.
The CEO of Ørn Software, Sten-Roger Karlsen, emphasized that the acquisition aligns perfectly with their growth strategy. Landax has carved out a unique niche within the Quality Management domain and offers a comprehensive range of functionalities that are well-suited to complement Ørn’s existing service offerings.
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Industry Overview in Norway
The Norwegian SaaS market has been experiencing significant growth, driven by an increasing demand for digital management tools across various industries. Companies are recognizing that enhancing efficiency and quality through digital transformation is essential for mainta
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Ørn Software
invested in
Landax
in 2020
in a Other deal
Disclosed details
Revenue: $2M