Saab acquires the entire share capital of TietoSaab Systems
Summary
Saab has bought Tieto Oyj’s remaining 60% stake in TietoSaab Systems, turning the former joint venture into a fully owned Saab company. The business focuses on command and control systems for defense and civil security customers. Saab says full ownership will help it develop the offering more effectively and expand its market position in Finland. TietoSaab Systems employs about 80 people and generated EUR 9.3 million in net sales in 2008.
Classifications
industries
Government, Public sector
applications
Web and Content Management
AskAI Classifications
Labels
Enterprise Software
SaaS
Vertical Software
Linked Companies
Tieto
$1B+